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Why does it feel like Elon is artificially boosting his companies? (programming.dev)

submitted 3 days ago by [email protected] to c/[email protected]

79 comments fedilink hide all child comments

Tesla dealerships are getting protested and, in some cases, vandalized. Sales are down on 9 of the top 10 countries Tesla sells in. Yet Tesla stock is up. Twitter is a cesspool of nazi-themed bots, and somehow just pulled in $1bn and raised its valuation back up to $44bn.

How is any of this possible? It seems really artificial to me, but I don't really understand business.

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[–] [email protected] 1 points 2 days ago

I agree with @[email protected] -- Tesla did some amazing things, and really paved the way for electric vehicles (especially vehicle charging infrastructure). But they went too fast and quality went down and they're trying to make up for it by Magats buying to support Trump.

the media will be all over it

Tesla is already the most deadly car brand, but why aren't the media already "all over it"? What makes you think it will be any different with autopilot? https://www.rollingstone.com/culture/culture-news/tesla-highest-rate-deadly-accidents-study-1235176092/