Don’t worry, while they may have worse business results than a lot of other companies, displaying steeper loss of market, whose non car initiative have failed, whose leader squandered his reputation to throw in with a political movement that hates EVs in hopes of political clout that evaporated within a few months…
They still have a market cap bigger than all their competitors combined, because why not…
Stick price increases 825 per cent
I see tesla profits down articles every day here but their stock is at an all timeish high. Whats the dealio?
stock market is in the k-hole
Tesla is a cult.
tldr, price action overall is easily manipulated by articial selling/buying pressure alongside predictable cyclical market events, due to unique rules certain features of the US markets have. rules which the majority of the world fixed in their own markets after 2000/2008 but the US kept because those rules are specifically designed to allow for blatant price manipulation (which makes it incredibly easy for those in the know, especially wallstreet/banks to suck up $)
Time to get Elon a trillion dollar bonus!
And morons will continue to invest like it’s a fucking meme stock.
Almost all of this is Elon’s fault. Sure, a small percentage is Byd, but it’s mostly Elon. Toxic brand.
Darn, how terrible. Anyway, have you guys watched Pluribus yet? It’s pretty good.
and the stonk goes up!
