this post was submitted on 10 Mar 2025
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[–] FortyTwo@lemmy.world 26 points 1 day ago (1 children)

I remember a few weeks ago Dutch pension funds sold all their Tesla stock because they felt it wasn't a safe investment anymore. The decision was laughed at on reddit because Tesla still went up a little bit after that, clearly it was a political choice and the uncertainty was just an excuse, surely the Dutch people would be annoyed that politics cost them big gains on their pensions, etc etc.

I feel vindicated. Let's see how low it can go!

[–] Goldholz@lemmy.blahaj.zone 1 points 1 day ago (1 children)
[–] cashsky@sh.itjust.works 1 points 18 hours ago (1 children)

Diamond hands are for bag holders Know your exit and get the fuck out when the time is right.

[–] Goldholz@lemmy.blahaj.zone 3 points 18 hours ago

Shush! No! Let the elon bros crash too!

[–] Gudl@feddit.org 2 points 16 hours ago

Make musk a millionaire again :)

[–] thatKamGuy@sh.itjust.works 23 points 1 day ago

Down over 50% since the all-time-high in December 2024, post-Trump election.

So that’s definitely a win!

Still needs to drop ANOTHER 90% to get back down to pre-2020 levels though..🤞🏻

[–] scaredoftrumpwinning@lemmy.world 6 points 22 hours ago

Does anyone know if the insurance for these cars have gone up yet? With them being more dangerous than a ford pinto and all the vandalism you would think the insurance companies would raise the rates.

[–] kn0wmad1c@programming.dev 83 points 1 day ago (3 children)

It's up over $60 from where it was at this time last year, so there's still work to do on this clearly overinflated stock

[–] Yoga@lemmy.ca 32 points 1 day ago

Tesla has been over inflated for years now. At one point (for quite a long time) it was worth more than every other major auto maker combined despite having pitiful profits relative to Toyota or many of the other players.

[–] WhyYesZoidberg@lemmy.world 11 points 1 day ago

220 right now

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[–] bingBingBongBong@lemm.ee 4 points 1 day ago

Hope this guy ends up piss-poor and very sad.

[–] DmMacniel@feddit.org 101 points 1 day ago* (last edited 1 day ago) (2 children)

Next up: Elon sueing car drivers for not buying his swasticar just like he tried on twitter with advertisers.

[–] Mothproof2212@feddit.org 63 points 1 day ago (4 children)

He will just buy them himself, look at the sales numbers in Canada... 8,600 cars in 3 days! In Canada...

[–] Goldholz@lemmy.blahaj.zone 2 points 1 day ago

I can see him actually doing this

[–] Bonzaibongo@lemm.ee 17 points 1 day ago (1 children)

I think the canadian Feds are looking into that, and I hope they fine the ever loving crap out of him.

[–] Albbi@lemmy.ca 21 points 1 day ago (3 children)

Is it wrong to think that people should go to jail for fraud instead of just fines everywhere?

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[–] 100_kg_90_de_belin@feddit.it 6 points 1 day ago

That's a very low effort fraud, by the way

[–] halcyoncmdr@lemmy.world 17 points 1 day ago

That particular situation looks like it may be due to how the process worked and government comments that the money would be running out earlier than planned.

Apparently dealers weren't required to submit at the time of sale, but on a monthly or quarterly basis instead, which is a very common timeline for businesses to handle things like that. But after the announcement of the program ending early, Tesla submitted everything they had pending immediately, which makes complete sense.

I have not done a lot of research on this particular topic, and the little I have done may not have been accurate sources, but that situation would line up without needing to grasp at any crazy theories.

[–] stardust@lemmy.ca 12 points 1 day ago

Suing people for not buying tesla stock and suing those who sell it.

[–] pineapplelover@lemm.ee 18 points 1 day ago (1 children)

Fucking fire Elon so Tesla can actually make good shit. Honestly man, Elon could've just stfu and collected money.

[–] amos@mander.xyz 8 points 21 hours ago (1 children)

I have an alternative proposition:

As a society, we should all agree that car culture is not good. It is not good for the health of cities, not good for the envinronment, not good for anything really. Let's get as far away from cars as possible and start improving public transport and other ways of moving. One thing I would love to see is more shade in cities, from trees. Way way way more trees.

[–] wewbull@feddit.uk 1 points 19 hours ago (2 children)

I assume you're talking about cities where it's baking sun and so too hot to walk. One problem. Trees don't like that either and so need artificial irrigation. Plus trees tend to do lots of damage to drains and sewers as their roots seek water. Generally trees and cities aren't a great mix except in certain areas (green spaces which are maintained).

Are you speaking as an American or a European? Because I generally think American cities are hostile to anything except cars (being built after cars) and European cities are hostile to cars (being built before cars).

[–] lobut@lemmy.ca 2 points 16 hours ago

I've seen videos of people regreening deserts and it was kinda cool. They like carve out a U shape and plant things that work for the type of environment and it keeps water longer.

I know that wasn't your point and it's a complete non-sequitur but I enjoyed the vid.

I think it was videos like this: https://www.youtube.com/watch?v=F7pyGgBmzDY

[–] Nihilistra@lemmy.world 2 points 16 hours ago

I visited a few larger european cities and I got to admit that I don't feel the same.

All but a few I saw were changed to accommodate car traffic to a high or extreme level and only after recent decades there is some incentive to shrink the area that is dedicated to motorized traffic and parking zones.

Being from germany my perception of how hostile cities can be towards pedestrians might be skewed compared to american experiences.

The dutch way off a professionally thought out and highly efficent pathway for cyclists and extended pedestrian zones comes to mind as well as a plan to redesign Paris as a pedestrian tourist powerhouse as it struggles with perceived pollution, noise and heat thus diminishing its touristic visits.

Like you said, Paris was build before cars were widespread and could return to a modern resemblance of it's old self. I feel there is immense touristic potential in catering this idea creating pilot projects for hundreds of metropolitan areas where old infrastructure is maintained in presentable fashion.

So I feel that there are good reasons to reevaluate how we want to change our older densely build areas to find a good balance, ensuring that local population has ways of living their everyday live in timesaving and fulfilling manner but also creating spaces that are worthwhile, relaxing to stay in.

[–] anon6789@lemmy.world 37 points 1 day ago
[–] LonstedBrowryBased@lemm.ee 8 points 1 day ago

Down with Tesla!!

[–] frightful_hobgoblin@lemmy.ml 52 points 1 day ago (2 children)

More dramatic to say $320 billion in market cap has been destroyed.

[–] thatKamGuy@sh.itjust.works 6 points 1 day ago

No, rather $320 billion dollars in speculative value has simple been unrealised! 😉

[–] b1t@lemmy.world 17 points 1 day ago* (last edited 1 day ago) (2 children)

Or that it's down 34% since the start of the year. At this rate the company will be bankrupt by the 3rd quarter.

[–] NotJohnSmith@feddit.uk 14 points 1 day ago (6 children)

They dropped 72% in late 2021 albeit over 15 months. What I'm saying is, they can beat that record, and quicker this time... I believe in them!!

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[–] kruhmaster@sh.itjust.works 27 points 1 day ago (1 children)

Nikola spinning in his grave so hard, EVs can charge up there.

[–] Goldholz@lemmy.blahaj.zone 4 points 1 day ago

He charges Euro cars only

[–] Sgt_choke_n_stroke@lemmy.world 24 points 1 day ago (2 children)

I feel bad for the engineers that work there. But I feel great that it's literally destroying musk net worth.

[–] vesi@lemm.ee 23 points 1 day ago (1 children)

I don’t. They work for a terrible guy and they KNOW it.

[–] bricklove@midwest.social 9 points 1 day ago (2 children)

Many of them are immigrants who got in with work visas so they can't easily change jobs. Elon knows this and exploits the situation. It's all just terrible.

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[–] jjjjm182@lemmy.ml 13 points 1 day ago

They should’ve started looking for new roles right after his inauguration speech

[–] Phoenicianpirate@lemm.ee 11 points 1 day ago

Crash, bitch, crash!

[–] givesomefucks@lemmy.world 26 points 1 day ago (7 children)

This has more to do with investors than boycotts...

Tesla stock price hasn't been based on company performance, like, ever.

I'd go as far to say even the reduced sales in Europe aren't due to anything Tesla is doing, it's because y'all are allowed to buy BYD, which is better quality than Tesla at less than half the price.

[–] digdilem@lemmy.ml 1 points 1 day ago

One does wonder what the board members are doing, other than sitting on their hands and watching their company being dragged through the mud.

Musk is surely in breach of contract with Tesla as CEO for his behaviour which has directly affected the brand's reputation. Time they gave him the boot.

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[–] Ceruleum@lemmy.wtf 4 points 1 day ago

It's beautiful.

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