this post was submitted on 22 Mar 2025
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Enough Musk Spam

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cross-posted from: https://lemmy.world/post/27238407

Keep it going. Canada, you're doing great.

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[–] njm1314@lemmy.world 18 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Is going to be a massive pump and dump. He's hoping they'll hold because when he and his rich friends bolt everyone else will be left holding the bag. Hoping they'll be the greater fools.

[–] 1984@lemmy.today 1 points 2 weeks ago (2 children)

Naah. In one year, this has blown over and Tesla is up at least 50% from today's prices, if the general stock market goes up of course. And thats doubtful under Trump but maybe a bit.

[–] ikidd@lemmy.world 15 points 2 weeks ago (1 children)

That's some medical grade copium. Tesla is completely fucked because he's completely alienated its demographic, and he's trying to appeal to another demographic that is diametrically opposed to EVs. He couldn't have fucked Tesla harder if he'd bombed the factories.

At least on Twitter, his demographic was the douchebags that like to hear themselves talk, so he's kept some semblance of a userbase. But he'll no doubt shit on that chessboard soon enough.

[–] njm1314@lemmy.world 7 points 2 weeks ago* (last edited 2 weeks ago)

Hell I'd say they're screwed for more reasons than that. Tesla's always been a time bomb. Frankly their cars aren't that good. They're poorly made really, which we're seeing visible proof right now with this latest recall. They're going to quickly be outpaced by the competition. Competition that makes more cars and higher quality cars. Their market share isn't close to what their valuation is. It's one of the most, if not the most overvalued stock in the world. Combine that with everything you said and the implosion is inevitable.

[–] phoenixz@lemmy.ca 3 points 2 weeks ago

Let it burn

[–] AcidicBasicGlitch@lemm.ee 3 points 2 weeks ago

But... But... If the crew sell their stocks how will the captain be able to jump off the sinking ship and leave them to drown?