this post was submitted on 16 Oct 2026
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Buckle up! (media.piefed.zip)
submitted 3 days ago* (last edited 3 days ago) by inari@piefed.zip to c/memes@lemmy.world
 
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[–] cholesterol@lemmy.world 10 points 1 day ago (2 children)
[–] Jiral@lemmy.world 15 points 1 day ago* (last edited 1 day ago)

Yes, pretty insane. It shows how the stock exchange has completely lost contact with reality. At a time where Tesla has lost its leadership position in its market, has only two aging cash cow models on the market, is in the process of losing the most important global EV market to domestic competition and has no credible other big business model, the stock is rising to heights as high as many of its competitors combined with a lot higher sales, revenues and profits (combined). It is all based on flowery promises of the future.

This can go on for quite a while longer but eventually reality always wins.

[–] technocrit@lemmy.dbzer0.com 3 points 1 day ago

Yep still a long way down. Enjoy the ride!

[–] BeMoreCareful@lemmy.world 10 points 1 day ago (1 children)

It'd be nice to see tsla valued properly. I'd also like to see a European competitor to starlink.

Tanking starlink is a bit of a head scratcher. Cutting off access with that timing seems really boneheaded and short sighted. It had a real chance to be a super surveillance internet 2.0 with constant expensive upkeep.

[–] technocrit@lemmy.dbzer0.com 4 points 1 day ago* (last edited 1 day ago)

It’d be nice to see tsla valued properly.

Yes, I would like them to go out of business too. It would also be great to destroy the regulatory capture that blocks much better cars from USA.

[–] Hossenfeffer@feddit.uk 72 points 2 days ago (21 children)

Tesla drivers I see fall into 3 categories:

  • 2017 or older: fair enough, and credit for moving to EVs so early!
  • 2018-2023: er, Elon seems like kind of a twat. Are you sure? The whole Thai cave thing? But, you know, some benefit of the doubt.
  • 2024+: You are supporting a literal Nazi.

[–] krisevol@lemmus.org 4 points 1 day ago

Just wait until the the tesla model 2 hits the market. You will see a wave of Nazi supporters lining up at his door.

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[–] auzy1@lemmy.world 24 points 2 days ago (1 children)

Chinese manufactures are making cars that literally jump over potholes.. And I think they're in production.

Whereas, Elon demos something that will never go to production, is totally useless, and is basically a falling car..

Tesla are so far behind at this point. I bet even the cheap chinese cars don't leak in their boot

[–] FatVegan@leminal.space 6 points 2 days ago (7 children)

Bose made a suspension that could nullify potholes and jump over small obstacles over 20 years ago.

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[–] 98vesselsreptile@lemmy.zip 1 points 1 day ago
[–] Tempus_Fugit@lemmy.world 142 points 3 days ago (58 children)

I genuinely don't even know who that demonstration was for other than 12-year-olds. None of these cars have any practical or road applications. Where are you going to need to flip your cap off of a ramp or over some cars? It's so fucking stupid.

[–] TheTechnician27@lemmy.world 74 points 3 days ago (9 children)

Okay, I know I could look this up indvidually, but for those of us who missed it, what happened today?

[–] jballs@sh.itjust.works 139 points 3 days ago (10 children)

They demoed a car that was loaded with a shit load of compressed gas, then they had it do a kick flip over a line of cars and a semi truck. They also drove it up a massive inverted ramp and then had it flip over and land smoothly.

Looked cool as hell, but has absolutely no practical purpose other than allowing Nazi Musk to get headlines saying they have a flying car.

[–] obviouspornalt@fedinsfw.app 62 points 3 days ago (1 children)

it's not a flying car. it's a car that can fall with style.

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[–] SpecialSetOfSieves@lemmy.world 20 points 2 days ago (2 children)

I quite appreciate the visceral dislike that people have for Tesla. Given that we see their products directly in our everyday lives, I certainly don't blame people for reacting this way, and I'm happy to encourage this sort of scrutiny, especially over the longer term. I sometimes think, though, that the zeitgeist is missing some of the deeper damage that Musk's enterprises are inflicting. I don't think there's nearly enough journalism about the ongoing effects of DOGE cuts, for example.

And then there's SpaceX. In all the anger over the throttling of Starlink ("Starshield") for the defenders in Ukraine, I haven't seen a single note of awareness about Starlink and LEO satellite megaconstellations being inherently harmful (regardless of who launches them). Aside from the increased orbital collision risk, the atmospheric pollution, and the blinding of astronomical facilities (including asteroid defense), there's the threat to the ozone layer from all that reentering aluminum. All of which will only increase as lunatics continue to use near-orbital space as their dumping ground.

It's a powerful metaphor for our time. When it comes to Tesla, I think there's a good company in there, somewhere. And SpaceX absolutely employs some of the best aerospace talent on the planet, capable of advancing legitimate science and exploration in space. And yet, so many brilliant folk are caught up employing their skills in juvenile displays like flying car stunts and planet-encircling rings of disposable satellites.

[–] technocrit@lemmy.dbzer0.com 2 points 1 day ago* (last edited 1 day ago)

I haven’t seen a single note of awareness about Starlink and LEO satellite megaconstellations being inherently harmful

I've seen many notes of awareness about this. Ofc capitalist media won't cover it, but maybe you're not looking in the right places.

https://lemmy.dbzer0.com/post/65969131

SpaceX absolutely employs some of the best aerospace talent on the planet, capable of advancing legitimate science and exploration in space.

Now do lockheed-martin.

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[–] eestileib@sh.itjust.works 94 points 3 days ago (1 children)
[–] Earthwormjim91@lemmy.world 55 points 3 days ago (1 children)

No but that’s on top of the year over year losses.

They’re down 19.03% YTD and down 26.62% from the peak in December last year.

[–] bcgm3@lemmy.world 21 points 2 days ago (1 children)

Crazy to think how many lives could be saved from hunger by even a fraction of the money that it took to develop this Little Dick Energy stunt show.

[–] Jankatarch@lemmy.world 15 points 2 days ago (2 children)

Stock market is always weird to think about.

Just a fraction of the rich peoples' gambling money can make imaginary industries with no profit like chatbots stay alive.

Their combined wealth is at levels of a post-scarcity society and they keep using it in dumb ways.

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[–] Karmanopoly@lemmy.world 22 points 2 days ago (5 children)

Youre telling me that cancelling 2 of its models and introducing this model, which is priced around s $200,000 and will probably never see the road as is because of safety reasons, will make the company stock go down?

[–] chilicheeselies@lemmy.world 3 points 1 day ago

Who can afford a 200k car?

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