this post was submitted on 17 Mar 2025
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Technology

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Please more!!!!!!

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[–] sqgl@beehaw.org 3 points 2 hours ago (1 children)

The stocks are merely at pre-election levels and look like they have now stabilized unfortunately.

[–] rbos@lemmy.ca 2 points 27 minutes ago

Down 5% today, not super stable. Could have been a dead cat bounce last week.

[–] phx@lemmy.ca 1 points 1 hour ago

If your erection lasts for more than 1h, see a medical professional or stop watching the Tesla stock prices

[–] some_guy@lemmy.sdf.org 3 points 2 hours ago

To the floor!

[–] pineapplepizza@lemm.ee 42 points 8 hours ago (1 children)

Too big to fail. Prepare for gov bailouts.

[–] sanzky@beehaw.org 28 points 7 hours ago (1 children)

they have only survived so far because hype and government money. they have never been profitable. the stock could halve again and it would still be overvalued

[–] Reil@beehaw.org 3 points 4 hours ago

It's like 20x too high as it stands going by p/e ratios compared to the rest of the auto industry. Like 5-6x too big compared to tech companies. It's wild.

[–] cygnus@lemmy.ca 30 points 9 hours ago (1 children)

That's illegal! TSLA is not allowed to drop. Prepare for your mandatory stock purchase, citizen.

[–] makuus@pawb.social 6 points 6 hours ago

You jest, but I would seriously consider the possibility that he’ll sue anyone selling the stock, and sue the government for not investing in it expressly.

I mean, god, the tantrums he’s thrown at having advertisers take breaks—because I don’t think any of them truly left—from Twitter should be proof enough of the possibility.

[–] ivanovsky@lemm.ee 11 points 7 hours ago (1 children)

Disclaimer: I'm stock illiterate. Are his other companies also trending down? Or are they not publicly traded or whatever? Is it known what % of his wealth comes from Tesla (vs Starlink or SpaceX)?

[–] jansk@beehaw.org 16 points 7 hours ago (1 children)

Most of his other companies are not publicly traded, so there isn't much direct comparison. But Tesla has widely been known to be hugely over-inflated for years and years now, the bubble had to burst sooner or later. It is definitely being hit harder than the rest.

[–] Banzai51@midwest.social 7 points 4 hours ago* (last edited 4 hours ago)

Tesla was overinflated because it was run as a software startup, where they had money pouring in from venture capital. They had money coming in, but it wasn't simply from sales. Let's see if that stalls too.

But wasn't his Tesla shares used as collateral for the Twitter financing? If Tesla tanks enough, won't his Saudi banking backers raise hell?

[–] Kraiden@kbin.earth 10 points 7 hours ago

¡¡doʇ ǝɥʇ oꓕ

[–] mesamunefire@piefed.social 13 points 8 hours ago (1 children)

At the end of the day, there are actually better electric cars now for the price. Even starlink is starting to get major market competition for cheaper.

[–] remington@beehaw.org 11 points 8 hours ago (1 children)

Even starlink is starting to get major market competition for cheaper.

Please elaborate.

[–] Kichae@lemmy.ca 12 points 7 hours ago (1 children)

Everyone and their dog wants to gunk up LEO with their soon-to-end-space-flight-forever space junk

[–] Byter@lemmy.one 7 points 5 hours ago (1 children)

Objects in LEO fall quickly (months to single-digit years) without station-keeping, mostly from atmospheric drag. Anything we put there wouldn't contribute to a long-term Kessler Syndrome situation. It's geosynchronous Earth orbit (GEO) we have to worry about, but once you're up that high there's a lot more room for everything.

[–] fluffykittycat@slrpnk.net 3 points 25 minutes ago (1 children)

One study suggested all that burn up is bad for the ozone letter though

[–] mesamunefire@piefed.social 1 points 17 minutes ago

Also introduces small amounts of bad metals in the air. It's one of the reasons wooden satellites are starting to be sent up.

[–] lobut@lemmy.ca 10 points 8 hours ago (1 children)

I wonder if Elon is probably going to bail on Tesla after he gets all his SpaceX stock hooked into government contracts and stuff.

[–] GreyEyedGhost@lemmy.ca 6 points 4 hours ago (1 children)

Some youtuber was saying as much. A lot of his wealth is tied up in Tesla and a lot of Tesla's valuation is tied up in Musk. But Starlink is making far more than Tesla, he owns a larger portion of it than Tesla, and he's selling Tesla shares. If he makes the right moves he can entirely walk away from Tesla and leave the shareholders holding the bag.

[–] conditional_soup@lemm.ee 1 points 4 hours ago (1 children)

Couldn't he just, like, sell his shares like a normal person? Nobody's stopping him, right?

[–] GreyEyedGhost@lemmy.ca 5 points 2 hours ago

Pretty sure he can't, since he isn't a normal person, just like he and the rest of the board have to announce any shares they buy or sell.

[–] magnetosphere@fedia.io 23 points 10 hours ago

Let’s go for ten weeks! Then twenty!

[–] hddsx@lemmy.ca 15 points 9 hours ago

I’m waiting for Musk to have to sell his stock.

[–] unlogic@lemmy.zip 8 points 8 hours ago (1 children)

Can it go negative so stock owners have to pay? /s

[–] bradorsomething@ttrpg.network 4 points 5 hours ago

You jest, but futures can actually go negative. At one point during covid a tanker shortage meant you could be paid a few $100 to accept delivery of a barrel of crude. Some people were joking about filling their swimming pools.

[–] apotheotic@beehaw.org 9 points 9 hours ago (2 children)

Can't wait for some "buy the dip" dickwads to catch this falling knife

[–] 1984@lemmy.today 2 points 7 hours ago* (last edited 7 hours ago)

I did tonight, made 700 bucks. Not complaining.

But im not going to hold Tesla. Its going down on next revenue report when people see the sales.

[–] towerful@programming.dev 1 points 6 hours ago (1 children)

Pretty sure that and the White House advert halted the dip the last few days.
Except fElon hasn't changed, so down it goes!

[–] sqgl@beehaw.org 1 points 2 hours ago

It didn't halt, it was boosted. That is how insider trading works. Same with the yo-yo tariffs.

[–] aramis87@fedia.io 10 points 9 hours ago (1 children)

Good!

[I am now on a list.]

[–] azolus@slrpnk.net 5 points 7 hours ago (1 children)

Bold of you to assume you weren't before.

[–] 30p87@feddit.org 5 points 7 hours ago (1 children)

We are all on the Verfassungsschutzliste/List of the Office for the Protection of the Constitution (lovingly nicknamed Faschistenschutz/Office for the Protection of Fascists)

[–] azolus@slrpnk.net 3 points 6 hours ago (2 children)

Die sollen mal ihre Arbeit machen und die Verfassung schützen!

[–] Powderhorn@beehaw.org 2 points 6 hours ago

Aber ich habe "Arbeit macht Frei" gedacht.

[–] 30p87@feddit.org 2 points 6 hours ago (1 children)

Das kann der Antifa eV besser, die sollen uns eher mal nicht behindern.

[–] azolus@slrpnk.net 2 points 6 hours ago

eV (sponsored by Ampel)

[–] mat@linux.community 8 points 9 hours ago
[–] ZeroCool@lemmy.ca 8 points 9 hours ago