• 1984@lemmy.today
        link
        fedilink
        arrow-up
        2
        ·
        edit-2
        2 months ago

        People have said its overvalued for decades now.

        And it is, but you can still buy the stock and make a profit, as you can see from the last decade…

        But I would not hold it long term today. Not because of the nazi stuff, that will blow over. But because the actual car is not impressive anymore and other car makers make better cars.

        Why buy a Tesla when its quality is awful and Elon Musk is a horrible human being? When its autopilot is lethal?

        • pivot_root@lemmy.world
          link
          fedilink
          arrow-up
          1
          ·
          2 months ago

          Why buy a Tesla when its quality is awful and Elon Musk is a horrible human being? When its autopilot is lethal?

          In these not-unprecedented times, the correct answer is “a personal desire to gargle Elon’s balls”

  • nova_ad_vitum@lemmy.ca
    link
    fedilink
    arrow-up
    1
    ·
    2 months ago

    It’s still up significantly from 1 year ago.

    Their quarterly report is going to be really interesting. Since Tesla now literally cannot be investigated by the SEC or any other federal agency, I think cooking the books to hide the sales crash is very much on the table.

    • mutual_ayed@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      1
      ·
      2 months ago

      Recouping losses from stagnant inventory by burning cars may lead to a short term bounce. However, and I say this with my full chest. Fuck Musk.

    • shalafi@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      2 months ago

      Bullet hole and napalm Tesla vehicles and dealerships. Make them toxic to buyers and the insurance industry. That’s how we’re getting here and going further.

      If you see a driver get out at the 7-11, fuck with him. Grow a pair and call them a fascist cunt in front of god and everyone. Make them afraid.