• CharlesDarwin@lemmy.world
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      16 hours ago

      The guy is a welfare queen who thinks he’s a hero from one of Ayn Rand’s horrible sci-fi novels.

      It’s too bad he’ll be able to send more money to his companies because he bought little d.

      • usernamesAreTricky@lemmy.ml
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        16 hours ago

        Tesla share price is largely off of vibes, not how the company is actually doing. Boycotts and protests hurt the vibes more than the Trump money slush fund helps the vibes

        If it was prices like every other automaker based on profit, it’d be enormously lower in price than it is

        • CharlesDarwin@lemmy.world
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          15 hours ago

          vibes

          Oh, I don’t doubt it for a minute. I’ve been giving that P/E ratio side-eye for years and years and I have no idea why people were wanting to buy some meme stock at ATHs because they just saw it go up (well, I do know, that’s largely how human psychology works, I guess. FOMO and figuring that looking in the rear view mirror is a great way to buy stock).

          VW has an EV, P/E ratio in single digits now, though it has apparently spiked in 2016 to triple digits. Ford also has an EV, same thing, P/E ratio of single digits, though they have crept up to double digits in the not too distant past.

          P/E ratio of TSLA in March 7, 2025 - 161.23. That’s still insane, but if you look back, they had P/E ratio over a 1100!

          It gets even worse when you watch videos like the ones thunderf00t has put out there on fElon…

    • ripcord@lemmy.world
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      17 hours ago

      Tesla wealth is what he’d been leveraging for a lot of the rest of the companies, too.

  • Hellsfire29@lemmy.world
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    12 hours ago

    All because you thought he made a Nazi salute and he’s working with Trump.

    No other valid reason. Wild and pathetic.

    • Lenny@lemmy.world
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      11 hours ago

      There was that time he called a rescue diver a pedo because he wasn’t allowed to use his unsafe sub. Oh, and his blatant takeover of the government.

    • GaMEChld@lemmy.world
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      11 hours ago

      Can you show me data to justify TSLA for even trading at as high a price as it has considering it’s assets, quality control, competition, product launch failures, etc?

      As far as I’m concerned, it’s BEEN overvalued to hell just on the back of Elon Musk’s name. So why can’t it swing back the other way for the same reason?

    • Mr_Dr_Oink@lemmy.world
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      11 hours ago

      If it wasn’t a nazi salute, then why won’t any other right-wing politicians, commentators, or pundits do it?

      They have been challenged to, and they all skirt around it.

      They claim it was a different gesture, along the lines of “giving my heart to you,” but then won’t do the actual gesture.

      Charlie kirks’ attempt to write off the obvious nazi salute was especially funny:

      https://youtu.be/x7Nz6QbCrIE

      It’s not even close… not even close…

      They won’t do it because they all know what it was. They know its wrong. They know only elon would get away with it (and possibly trump) because they are the leaders of the cult.

      The only other person who did it (weakly, as far as i know, and almost didn’t do it) is this guy:

      https://youtu.be/7E9pXCuJnbc

      It was so awkward. He even had to give a little nod to himself afterwards when it didn’t go down badly, as if he was sighing in relief.

      It’s pathetic that people try to defend it. It is obvious what it was.

  • Corngood@lemmy.ml
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    13 hours ago

    Tesla’s valuation never made sense, and now it’s target market is limited to environmentally conscious Nazis.

  • Numinous_Ylem@lemmy.world
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    20 hours ago

    Those are rookie numbers… I hope see it drop to its pre-pandemic valuation over the next year 📉

  • IninewCrow@lemmy.ca
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    20 hours ago

    I wonder what crisis they’re going to create to distract, dismiss or deny that this is happening

    • My_IFAKs___gone@lemmy.world
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      17 hours ago

      “Trans immigrants are forcing dogs to transition to match their owners’ gender and then they’re eating them and it’s happening in every blue state and tariffs are the only way to fight it”

  • Tailzse836@lemm.ee
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    18 hours ago

    Whats crazy is that even after losing more than half its value recently, it still has a PE ratio of around 128. Lol Can’t wait for the earnings to be released in April for the real bloodbath to start. Would be hilarious if it drops so much that FElon get’s margin called 😂

      • AA5B@lemmy.world
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        17 hours ago

        If you default on your mortgage, you’ve got a problem. If you default on Twitter, the bank has a problem

        • thatKamGuy@sh.itjust.works
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          14 hours ago

          Aljazeera | How Elon Musk funded his $44bn Twitter takeover

          A curious read, seems he spent $27bn in cash on the transaction - so he ‘only’ has loans on ~$17bn, across a swathe of investment groups, wealth funds and banks. Basically, I don’t think a margin call is imminent.

          Which is a bit of a shame, as it would be somewhat hilarious to see it fall into the hands of a bank like Chase - being such a toxic asset at this point, to know whether they’d try to salvage/pivot it (ideal, but unlikely) - or just sell it on and write off the loss.

      • assembly@lemmy.world
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        17 hours ago

        We will hear an immediate news bulletin that all post office vehicles will be model Ys or something like that.

    • Benjaben@lemmy.world
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      13 hours ago

      That would be wild lol. Trump has a storied history of turning on people who expend their usefulness to him, and often viciously. Many of the things that prop Musk up now can switch and work against him.