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There's an earnings report due in April and that's when the rubber will hit the road, so to speak. Stock prices are all just pretend. I wishcast to hear they sold 5 cars last quarter.
Forget about Russia or Saudi Arabia, he basically has the backing of the US government. The government won't allow any of his businesses to fail and his business interests will only be helped by his doggy department.
The government won't allow any of his businesses to fail
So they are going to buy thousands of cybercarts for the Army?
;-)
Didn't they float plans to buy armored Teslas?
Man, if the fascists wind up being the driving force behind electrifying the US Army Motor Pool I am going to laugh until I pee myself...
It's not like it would even be a bad choice
the Army has been wanting their own version of the V-22 for ages, and cybertrucks are about as close as a ground vehicle can get to that particular engineering marvel.
The same thing happens with any stock which people don't like. Same thing happened with the Anheuser-Busch stocks during the whining about corporate pandering.
From April to October 2023 when the "boycott" started, their shares fell ~15%. By December, they were back to where they started.
Most news is not news, just emotional clickbait. I find Reuters and AP News take a fair bit (but not all) of the emotion out and make for a less triggering read.
The difference here is that half of Tesla's inflated value is based on musk's personal brand. If he left the company when it was at 400, it would've dropped then too. All we have seen so far is musk's personal brand drop.
Stocks never just plunge straight to zero. Stocks in decline can have many bounces on the way down.
There's always that comeback from the group of investors who think "NOW it has reached the lowest point, buy buy buy!"
The stock market is generally horrible, it is largely dictated purely by investors and the stocks themselves have no relation to value lest you specifically go looking for stocks that return dividends or provide voting share. If you invest looking at how a company is going to perform, you are going to lose, you need to look at how investors are going to invest. Investing has always largely been about "meme stocks", it's just that the name stuck when astroturfing stock investment hit social networks en masse.
All I'm hearing is that the Tesla vandals need to step up their game.
To this day homies don't understand the simple rule that controversy sells. It powers the brand. It keeps it in the news every day. Manage a steady drip of "bad but not soooo bad" controversy and you win. Case in point: Trump
If you want something to end, get people to stop thinking about it. I suspect people just like having something to be mad about and "belong" to an ingroup of other people mad at it too
Inb4 people are mad at me for "supporting Elon" by saying the above, right? Because obviously what he's doing is so bad and evil that "how dare I" not stand up against it? Well, I hope you enjoy the ride
this post was submitted on 26 Mar 2025
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Unpopular Opinion
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