this post was submitted on 10 Mar 2025
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Buy European

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[–] frightful_hobgoblin@lemmy.ml 52 points 1 day ago (10 children)

More dramatic to say $320 billion in market cap has been destroyed.

[–] b1t@lemmy.world 17 points 1 day ago* (last edited 1 day ago) (2 children)

Or that it's down 34% since the start of the year. At this rate the company will be bankrupt by the 3rd quarter.

[–] NotJohnSmith@feddit.uk 14 points 1 day ago (1 children)

They dropped 72% in late 2021 albeit over 15 months. What I'm saying is, they can beat that record, and quicker this time... I believe in them!!

[–] nodiratime@lemmy.world 8 points 1 day ago (2 children)

A fair price for the stock is 0.

[–] vesi@lemm.ee 4 points 23 hours ago

Nah. It should be negative. There is such a big disgust of mine when seeing Tesla that they should pay me if they want me to buy the stock.

[–] then_three_more@lemmy.world 3 points 23 hours ago (1 children)

Na, it'll have a bit of value. Once it goes bust other car companies can pick it apart for it's patient portfolio.

[–] ayyy@sh.itjust.works 1 points 21 hours ago (1 children)

But I thought all his patents are free and open? Would Musk ever just tell a lie like that?

[–] then_three_more@lemmy.world 1 points 11 hours ago (1 children)

Oh, I'd not heard that. Maybe 0 is what they're worth then

[–] ayyy@sh.itjust.works 1 points 10 hours ago

He made that claim like 10 years ago. It was a lie.

[–] cabbage@piefed.social 6 points 1 day ago

Down 10% today so far. They're working on it. :)

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