this post was submitted on 24 Jul 2025
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Technology

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[–] bort@piefed.world 34 points 1 month ago
[–] wetbeardhairs@lemmy.dbzer0.com 30 points 1 month ago (4 children)

I bet the stock somehow goes up due to this news

[–] cupcakezealot@piefed.blahaj.zone 13 points 1 month ago

tesla is pretty much just a meme stock now considering its only owned by sycophants

[–] krashmo@lemmy.world 9 points 1 month ago (1 children)

It's down 8% ($27) as of right now.

[–] Pringles@sopuli.xyz 5 points 1 month ago (1 children)

Yea, and tomorrow Musk announces the imminent go live of his robot sales, predicts several million will be sold in a matter of months and the stock will bounce back up 10%.

Even if I was still an active investor I would not bet against Tesla. Musk has proven a master in stock manipulation.

[–] rainwall@piefed.social 2 points 1 month ago* (last edited 1 month ago)

They opened a restaurant yesterday. At 4:20 pm.

Yeah, a tesla restaurant. That's the current distraction.

[–] SippyCup@feddit.nl 7 points 1 month ago* (last edited 1 month ago)

Stock now now valuable because it's cheaper to buy! Line go up.

[–] anachronist@midwest.social 1 points 1 month ago

Epic bacon must be worth at least 10 billion market cap.

[–] HiddenLayer555@lemmy.ml 9 points 1 month ago* (last edited 1 month ago)

operating income down %42

Let's make it %420 next quarter!

[–] Wazowski@lemmy.world 8 points 1 month ago
[–] PerogiBoi@lemmy.ca 7 points 1 month ago (3 children)
[–] RupeThereItIs@lemmy.world 16 points 1 month ago (1 children)

Tesla aren't too big to fail.

Unlike GM or Ford, Tesla is tiny. Only their market cap is big, and that's all based on thoughts and prayers not fundamentals.

[–] PerogiBoi@lemmy.ca 8 points 1 month ago (1 children)

You’re expecting government to act the same as in the past.

Considering their fallout I don’t think Trump would be all too happy to approve a bailout for

[–] herseycokguzelolacak@lemmy.ml 6 points 1 month ago (2 children)

Not anymore. Elon and Trump are no longer bffs...

[–] geneva_convenience@lemmy.ml 12 points 1 month ago* (last edited 1 month ago)

Billionaires and politicians can magically bond together after years of mud slinging.

Look how quickly the tech bros like Bill Gates and Tim Apple allied with Trump after being hardcore DNC loyalists for so many years. And they'll switch back just as far.

[–] anachronist@midwest.social 11 points 1 month ago (2 children)

The DOD just paid Elon a bunch of money for his mechahitler chat bot...

[–] herseycokguzelolacak@lemmy.ml 3 points 1 month ago

It's peanuts for DoD and Elon. Probably it was agreed on before their breakup.

[–] someguy3@lemmy.world -4 points 1 month ago (1 children)
[–] jaybone@lemmy.zip 1 points 1 month ago (1 children)

Their point is musk is still getting those sweet government deals. So his falling out with Trump didn’t fully end his access to the government grift money.

[–] someguy3@lemmy.world 0 points 1 month ago* (last edited 1 month ago)

Different goals. Elon's probably more willing to make uh an unethical ai. Private company. When it comes to Tesla, no real reason it can't fail.

[–] Wazowski@lemmy.world -1 points 1 month ago

No way the orange traitor cunt will bail out musk.

[–] omgitsaheadcrab@sh.itjust.works 4 points 1 month ago
[–] Admetus@sopuli.xyz 3 points 1 month ago

Oh no!

Anyway...

[–] ColeSloth@discuss.tchncs.de 2 points 1 month ago (1 children)

I gave up trying to buy Tesla puts. Their valuation perpetually defies all logic. Even after this news their stock is still higher than it was a month ago.

[–] herseycokguzelolacak@lemmy.ml 3 points 1 month ago

You can't short a cult.

[–] melsaskca@lemmy.ca 2 points 1 month ago

Does Elon not see?