I don't really understand what the pre-market value is, but it seems to mean the value keeps on fluctuating even after the markets close and no stocks formally trade hands. And it looks like Tesla is going to have yet another rough day.

I don't feel bad for any of the idiots losing their money on this. They all had plenty of time to get out - if they sold after the CEO made a nazi salute they would pretty much get out on top. Whoever is a shareholder deserves anything coming for them. (Sadly that includes myself, indirectly through the Norwegian sovereign wealth fund. Bummer. Oh well, I had it coming.)

Edit: Half an hour after the markets open the stock has dropped to ~241. Lol.

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[–] wowwoweowza@lemmy.world -4 points 17 hours ago (3 children)

This only gets me downvotes, and I don’t make the rules, but I do enforce them:

$100.00

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[–] B0rax@feddit.org 3 points 1 day ago (3 children)

Shorting Tesla stock sounds almost like a foolproof way to make money these days…

[–] Pringles@lemm.ee 10 points 1 day ago

Sure, but entire fortunes were lost shorting Tesla in the past as well. It has been wildly overvalued for ages and it still is ridiculously overvalued, but I personally wouldn't bet on it.

[–] dynamoMaus@feddit.org 1 points 18 hours ago (1 children)

I never recommend shorting

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[–] macaw_dean_settle@lemmy.world -1 points 19 hours ago

*$100. This is how it is done.

[–] Blaze@lemmy.dbzer0.com 2 points 1 day ago

Oh wow

[–] vesi@lemm.ee 1 points 1 day ago

Thanks for reposting my post!😄

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