this post was submitted on 25 Jul 2026
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[–] ksh@aussie.zone 6 points 1 month ago* (last edited 1 month ago)

With reputation of Musk, who was recorded tripping in White House like a crack head, the company is certainly will not have any credibility or allocation in my portfolio because I would presume that their financial reporting is thoroughly cooked.

[–] clifmo@programming.dev 4 points 1 month ago (1 children)

It's still way over valued

[–] sanitation@lemmy.today 4 points 1 month ago

Yep. 10x. Should be 30$

[–] SocialMediaRefugee@lemmy.world 3 points 1 month ago

So it would be doing well if it wasn't pissing money away on AI?

[–] hamid@crazypeople.online 3 points 1 month ago

lol I hope they get stuck hodling the bag

[–] busted_Anoose@aussie.zone 3 points 1 month ago (1 children)

And why do we give a shit about a white supremacist's car company again?

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How much compensation did musk demand last year as his value for running the company?

[–] ApollosArrow@lemmy.world 2 points 1 month ago (1 children)

Given how the modern day stock market works, does it really matter? I’m sure most of us get elated when a headline like this floats around, but unfortunately Tesla is not going anywhere anytime soon.

[–] mycodesucks@lemmy.world 3 points 1 month ago (1 children)

Yeah... it sure seems like bubbles just... don't pop anymore.

Turns out the market can stay irrational FOREVER.

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