• chilicheeselies@lemmy.world
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    8 days ago

    There is only so much they can do to prop it up. If noone is buying them, and noone wants the stock, its going to go down short of the govt literally buying the stock and handing it over to musk.

    That unfortunately would not surprise me. How sad.

    • Billiam@lemmy.world
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      8 days ago

      Tesla could literally never sell another car again, and it wouldn’t matter as long as people continue to buy the stock.

      It’s been wildly over priced for a very long time, so clearly the people who are keeping it afloat aren’t interested in whether the company is actually profitable or not.

      • Tinidril@midwest.social
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        7 days ago

        I could see this administration contracting for 100k cybertrucks for the USPS right before shutting down the USPS.