this post was submitted on 08 May 2026
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[–] 13igTyme@piefed.social 1 points 3 months ago

At least the front didn't fall off.

[–] lechekaflan@lemmy.world 1 points 3 months ago
[–] Tyrq@lemmy.dbzer0.com 1 points 3 months ago* (last edited 3 months ago) (1 children)

No good reason for Tesla to still have a 1.5t market cap when Toyota sells 10x more cars at 300b, or ford sells twice as much at 50b. The quality sure isn't better, and I doubt the margin on sales makes up for this.

The only competitive advantage is an egotistical nazi imbecile at the helm, and I only say it's an advantage simply because they're still holding value somehow

[–] teyrnon@sh.itjust.works 1 points 3 months ago (1 children)

The market is completely divorced from fundamentals. It's a casino, and the government bailing out connected companies every downturn has perverted the natural pricing of these stocks.

[–] Tyrq@lemmy.dbzer0.com 1 points 3 months ago

I wonder how long that can continue, somethings gotta give with all these straws they keep adding to the struggling camel, one assumes anyway

[–] limonfiesta@lemmy.world 1 points 3 months ago

All 173 of them.

Yes, you read that correctly:

Tesla only sold 173 of the Cybertruck RWD base model.

[–] cecilkorik@piefed.ca 1 points 3 months ago

It's a safety feature. You're actually safer once the wheels fall off, because it can no longer go anywhere.

[–] teyrnon@sh.itjust.works 1 points 3 months ago* (last edited 3 months ago)

The stock market is clownicized. That the flagship product of this company being dogshit, whose intrinsic value can't exceed 10 billion didn't tank the stock price that is currently valued at 1.5 trillion dollars, that gave the ceo 60 billion for hyping the stock price without producing actual income to justify that, well, it speaks for itself.

I would argue our bail outs are a factor in this, investor's don't fear a major downturn and are more reckless, knowing any large losses will be socialized from the backs of working people, their victims, while all gains are privatized.

[–] yggstyle@lemmy.world 1 points 3 months ago

Is this also because they didnt use enough glue?

[–] panda_abyss@lemmy.ca 0 points 3 months ago (2 children)
[–] HuudaHarkiten@piefed.social 1 points 3 months ago (1 children)

Indeed it is. If it had amazing capabilities and performance off road, if it was bulletproof, if its body panels (and apparently wheels) wouldnt fall off, if it had perfect self driving capabilities... It would still be stupid.

But it doesn't have any of those tings. Its extremely stupid.

[–] Tollana1234567@lemmy.today 1 points 3 months ago

the purpose of the cybertruck was that he can show the shareholders that he deserved that 56bn payout.

[–] SaveTheTuaHawk@lemmy.ca 1 points 3 months ago

the hot glue panel and gas pedal assembly is Musk genius. You don't understand.

[–] Glytch@lemmy.world 0 points 3 months ago (1 children)

The Cybertruck is the perfect metaphor for modern-day America.

Falling apart.

A danger to everyone, both inside and out.

Spontaneously catches fire.

Many of its passengers are trapped inside.

Described as the best thing ever by the worst people ever.

There's probably more

[–] lobut@lemmy.ca 1 points 3 months ago

Driven by Nazis.

Unprepared for China.

Hated by Canadians.

Ugly on the inside.

Riddled with debt.

No one's really buying it.