mesa@piefed.social to Cars - For Car Enthusiasts@lemmy.worldEnglish · 4 days agoTesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wantswww.vice.comexternal-linkmessage-square60fedilinkarrow-up11arrow-down10 cross-posted to: technology@beehaw.orgtechnology@lemmy.world
arrow-up11arrow-down1external-linkTesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wantswww.vice.commesa@piefed.social to Cars - For Car Enthusiasts@lemmy.worldEnglish · 4 days agomessage-square60fedilink cross-posted to: technology@beehaw.orgtechnology@lemmy.world
minus-squarePostaL@lemmy.worldlinkfedilinkEnglisharrow-up0·3 days agoYet their stock went up 20% past week…
minus-squaresfled@lemm.eelinkfedilinkEnglisharrow-up0·3 days agoSo did other stocks. The Dotard flip-flopped on tariffs again.
minus-squareTooManyFoods@lemmy.worldlinkfedilinkEnglisharrow-up0·3 days agoThe economy is based on vibes and not the true value. However that doesn’t mean they aren’t allowed to borrow against those vibes, to avoid taxes.
minus-squarekn0wmad1c@programming.devlinkfedilinkEnglisharrow-up0·3 days agoThe stock price isn’t an accurate representation of the worth of the company. It’s an accurate representation of the amount of bullshit the company CEO is filled with.
Yet their stock went up 20% past week…
So did other stocks. The Dotard flip-flopped on tariffs again.
The economy is based on vibes and not the true value. However that doesn’t mean they aren’t allowed to borrow against those vibes, to avoid taxes.
The stock price isn’t an accurate representation of the worth of the company. It’s an accurate representation of the amount of bullshit the company CEO is filled with.