• normanwall@lemmy.world
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    17 days ago

    But Tesla stock is 75% hype so declines in sales like this may hurt stock price disproportionately because of uncertainty.

    Brand value got hurt so bad by Musk the president did a fucking sales pitch.

    • mmddmm@lemm.ee
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      17 days ago

      But Tesla stock is 75% hype

      It has been adjusted recently, but it was around 99% (P/E of 100 times what other car companies have), so it can’t be lower than some 95% now.