I hear the rentals are booming.
news
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
:golf clap:
I remember when Tesla's days were supposed to be numbered, like, five years ago. I don't think market fundamentals matter anymore. If you have enough money you can just do whatever you want and your company will go to the moon
Stocks are based on rich peoples feelings and not any reality
IIRC the company is still way overvalued relative to their actual production as compared to other car companies, it's just that even with the decline when Musk became an open nazi, there are still enough rich tech-bros supporting him and buying shares to keep the price high.
It's not even tech bros, many, many 401k's and other funds include Tesla because of the stock performance. If the company were to tank it'd have significant impact on the entire country. They're literally too big to fail
Tesla's market cap is triple Toyota with 1/5 the earnings.
The rationality of the free market!
what's the lib version of inframaterialism, infra-immaterialism?
is it warhammer 40k that has a species whose space fleet is powered by the collective belief in the fact that it works? red ones go faster or whatever?
Yeah, that's orks
If it tanked it would have an impact on the whole world, loads of people and pensions etc are in to it.
Too big to fail implies the government will prop them up when it fails. I can't see that happening. There are simply no assets, no employee base, it's all fluff.
Reminds me of Enron. The clues are there but everyone chooses to ignore them so they can make money today.
I regret not buying Tesla stock during the pandemic. It was a free money machine.
Good news! The pandemic is ongoing!
No more stimmies though
The thing with companies crashing is it only happens once. The longer this one stays over valued the harder the tumble will be.
I predict the overall stock market is going to get hit hard around this one. With a trillion dollar market cap, it's not just frat boys and speculators who own this stock.
I guess pointing and laughing at every Cybertruck is paying off keep it up comrades
There’s a service center near my house with probably 100 of them sitting on a field next to it. I always wonder if they’re waiting to go to whoever bought them of if they’re just sitting there jic. But there’s been a pile of them for a couple months now
It’s been long speculated that Musk plays games with moving stock of Teslas around so they can be reported as “in transit” rather than surplus collecting dust in yards.
Could also be 100 defective units lol
Back ordered parts maybe? Every time I hear about one of these things breaking, the service time is absurdly long, like weeks to months.
jic?
Just in case
thanks
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
NGL, I thought these pieces of dung were supposed to be like high end rarities. I didn't realize they were actually putting them out en masse, or attempting too at least. Seeing 2 of them around town has me
tfw you make a bunch of ugly, extremely unreliable cars that sell for an extremely high price and nobody buys them
They’re piling up in used car lots in Hawaii.
Good luck clearing inventory when the next market is 2500 miles away lmao, get cyberfucked
Yet Tesla stock keeps going up?
It's almost like there's no correlation between how a company performs and it's stock price
That's 10000 too many though
Woke did this
every goddamned one of them is in the bay area then because you can't go anywhere without seeing one
Lots in Austin too.
How long until they're bricked?
Fedora M’lady ass car
I saw a lime green one the other day, gave the driver the finger as they passed. Feels good knowing EM has access to that data and his caged AI is being trained on it