this post was submitted on 25 Jul 2026
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Technology

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[–] dhork@lemmy.world 7 points 23 hours ago (1 children)

The stock is hovering at around $324 at the time of writing, down over 15 percent over the last five days and about 28 percent year to date.

That ain't free fall, it has a ways more to go

[–] SaveTheTuaHawk@lemmy.ca 1 points 8 hours ago* (last edited 8 hours ago)

It's a $20 stock. The only value in the company is the charging network.

[–] Gammelfisch@lemmy.world 13 points 1 day ago

We've seen this before and the neo-Nazi bastard will cook the books to turn it around.

[–] brachiosaurus@mander.xyz 30 points 1 day ago (3 children)

Every now and then there's a news about these corporations crashing but after a week they are all back at their all time high. This sort of news doesn't seem to achieve nothing but give these corporation visibility and keep better news at bay.

[–] Sektor@lemmy.world 9 points 1 day ago

He's gone! They're finished! It's over! We won! It's happening! They just make a title you want to read, same for someone who wants to read something against trans people.

[–] wewbull@feddit.uk 5 points 1 day ago

Not SpaceX so far. Down to half it's high point. It's only been a public stock 6(?) weeks. Seems to be averaging a few dollars negative each day with no apparent floor.

[–] Eh_I@lemmy.world 5 points 1 day ago

It lets them shuffle numbers around on a spreasheet to invent new money. This isn't an oopsy.

[–] switcheroo@lemmy.world 1 points 20 hours ago

Good.

You know what you have to do. Fire the nazi shithead. Appease the all-important stockholders. 🫩

[–] hamid@crazypeople.online 2 points 1 day ago

lol I hope they get stuck hodling the bag

[–] JasonDJ@lemmy.zip 1 points 23 hours ago
[–] Baguette@lemmy.blahaj.zone 21 points 1 day ago
[–] Redvenom@retrolemmy.com 33 points 2 days ago (12 children)

I would rather walk than buy a tesla

[–] benjirenji@slrpnk.net 7 points 1 day ago

Cars ruin cities in general.

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[–] rbos@lemmy.ca 12 points 1 day ago (1 children)

I can't imagine a situation where a humanoid robot would be a benefit to us in our 650sqft apartment. What would it even do? And the cost would be astronomical.

[–] SaharaMaleikuhm@feddit.org 17 points 2 days ago (2 children)

Please please let this also be the start of the AI bubble popping finally!

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[–] BarneyPiccolo@lemmy.today 21 points 2 days ago (13 children)

I predicted this after his reputation fully tanked when he went full MAGA/ DOGE. Every earnings report is going to depress the stock price more and more, until the floor just falls out, and it collapses.

Tesla is NEVER coming back. It will be bankrupt in 3 years.

[–] wewbull@feddit.uk 2 points 1 day ago

If they fire him, it's got a chance.

They've squandered their lead on not delivering stupid tech, whilst ignoring the cars. If they got a CEO that refocused on the cars I think there's still something there.

Everything to do with him is turning to shit though.

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[–] jballs@sh.itjust.works 125 points 2 days ago (2 children)

Maybe if Elon throws out a few more Nazi salutes, it will fix the problem. Surely that will increase sales.

[–] ksh@aussie.zone 5 points 1 day ago* (last edited 1 day 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.

[–] fluffykittycat@slrpnk.net 87 points 2 days ago (15 children)

How do you lose money selling electric cars when two oil critical straits are blocaded

[–] gnutrino@programming.dev 85 points 2 days ago (4 children)

By having your CEO come out as a fascist, pissing off the demographic that tends to buy EVs and also stagnating while allowing your competitors to catch up.

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[–] Folstar@lemmus.org 19 points 2 days ago (1 children)

In two weeks when SPCX employees can sell, please let them cash out and resign as hard as possible. They're reasonable intelligent people who know the promises are science fantasy, so this is a plausible scenario. Then, as investors lose faith, Tesla enters true freefall right as fElon tries to leverage his shares to float SPCX. Let this Icarus of Grift come spiraling down so we never have to hear about him or his cultists again.

[–] wewbull@feddit.uk 2 points 1 day ago (1 children)

They're obviously gifted engineers there, but....

They choose to work for him. I don't like the idea of people getting stinking rich off that life choice.

[–] Folstar@lemmus.org 1 points 1 day ago

If it's a love'em and leave'em at the worst possible moment situation, it's the right life choice. Besides, with Honda, China, Retalt and others would be happy to hire them if it's a passion.

[–] ExLisper@lemmy.curiana.net 59 points 2 days ago (18 children)

The company missed Wall Street expectations, despite its core automotive segment generating just over $20 billion in revenue, up 23 percent from a year ago.

How the fuck did it make $20 billion? How the fuck did it make 23% more than last year? Who the fuck is still buying this shit?

[–] hanrahan@slrpnk.net 2 points 1 day ago

How the fuck did it make $20 billion? How the fuck did it make 23% more than last year? Who the fuck is still buying this shit?

Lots of Aussies, lots of Europeans at least. Why I've given up being depressed by my fellow humans, 10% are good, 10% are assholes and 80% don't give a shit.

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[–] thatradomguy@lemmy.world 32 points 2 days ago (33 children)

Yet somehow the asshole is a trillionaire. That don't sit right with me. tf is going on

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