this post was submitted on 17 Mar 2025
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Technology

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[–] [email protected] 62 points 1 month ago (1 children)

Too big to fail. Prepare for gov bailouts.

[–] [email protected] 53 points 1 month ago (1 children)

they have only survived so far because hype and government money. they have never been profitable. the stock could halve again and it would still be overvalued

[–] [email protected] 16 points 1 month ago

It's like 20x too high as it stands going by p/e ratios compared to the rest of the auto industry. Like 5-6x too big compared to tech companies. It's wild.

[–] [email protected] 57 points 1 month ago (2 children)

That's illegal! TSLA is not allowed to drop. Prepare for your mandatory stock purchase, citizen.

[–] [email protected] 15 points 1 month ago

You jest, but I would seriously consider the possibility that he’ll sue anyone selling the stock, and sue the government for not investing in it expressly.

I mean, god, the tantrums he’s thrown at having advertisers take breaks—because I don’t think any of them truly left—from Twitter should be proof enough of the possibility.

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[–] [email protected] 28 points 1 month ago

Let’s go for ten weeks! Then twenty!

[–] [email protected] 21 points 1 month ago

If your erection lasts for more than 1h, see a medical professional or stop watching the Tesla stock prices

[–] [email protected] 18 points 1 month ago

I’m waiting for Musk to have to sell his stock.

[–] [email protected] 18 points 1 month ago (1 children)

At the end of the day, there are actually better electric cars now for the price. Even starlink is starting to get major market competition for cheaper.

[–] [email protected] 15 points 1 month ago (1 children)

Even starlink is starting to get major market competition for cheaper.

Please elaborate.

[–] [email protected] 20 points 1 month ago (2 children)

Everyone and their dog wants to gunk up LEO with their soon-to-end-space-flight-forever space junk

[–] [email protected] 11 points 1 month ago (2 children)

Objects in LEO fall quickly (months to single-digit years) without station-keeping, mostly from atmospheric drag. Anything we put there wouldn't contribute to a long-term Kessler Syndrome situation. It's geosynchronous Earth orbit (GEO) we have to worry about, but once you're up that high there's a lot more room for everything.

[–] [email protected] 9 points 1 month ago (1 children)

One study suggested all that burn up is bad for the ozone letter though

[–] [email protected] 7 points 1 month ago (1 children)

Also introduces small amounts of bad metals in the air. It's one of the reasons wooden satellites are starting to be sent up.

[–] [email protected] 3 points 1 month ago (1 children)

Doo you happen to have a good, informative link? Or perhaps a company name I could look up?

This sounds incredibly cool.

[–] [email protected] 5 points 1 month ago

Kessler syndrome is specifically about LEO, and the damage done by debris from collissions, though. Like, that was Kessler's whole thing.

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[–] [email protected] 15 points 1 month ago (1 children)

The stocks are merely at pre-election levels and look like they have now stabilized unfortunately.

[–] [email protected] 11 points 1 month ago (1 children)

Down 5% today, not super stable. Could have been a dead cat bounce last week.

[–] [email protected] 14 points 1 month ago* (last edited 1 month ago) (1 children)

The instability is great for inside traders eg those who knew about the Whitehouse lawn stunt in advance. That was not a dead cat bounce, it was the stunt.

But the trend since the stunt has been stable enough.

I certainly will be looking at the graph each day rather than reading articles describing it.

Reminds me of how people laugh at the yo-yo tariffs, totally ignoring how insider trader buddies of Trump must love it. Is an overall economic decline going to bother them in comparison?

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[–] [email protected] 14 points 1 month ago (1 children)

Disclaimer: I'm stock illiterate. Are his other companies also trending down? Or are they not publicly traded or whatever? Is it known what % of his wealth comes from Tesla (vs Starlink or SpaceX)?

[–] [email protected] 26 points 1 month ago (1 children)

Most of his other companies are not publicly traded, so there isn't much direct comparison. But Tesla has widely been known to be hugely over-inflated for years and years now, the bubble had to burst sooner or later. It is definitely being hit harder than the rest.

[–] [email protected] 14 points 1 month ago* (last edited 1 month ago)

Tesla was overinflated because it was run as a software startup, where they had money pouring in from venture capital. They had money coming in, but it wasn't simply from sales. Let's see if that stalls too.

But wasn't his Tesla shares used as collateral for the Twitter financing? If Tesla tanks enough, won't his Saudi banking backers raise hell?

[–] [email protected] 14 points 1 month ago* (last edited 1 month ago) (2 children)

Aand still +30% from year ago.

Is "Tesla is going bankrupt" then new "Putin has cancer"?

[–] [email protected] 7 points 1 month ago (1 children)

The entire stock market is likely overvalued by 25% or so. This is a regression to the mean, accelerated by the fact that Musk no longer seems to care whether Tesla is successful or not. Probably because he sucked out all the money via that incentive package the board approved a few months ago.

[–] [email protected] 5 points 1 month ago (1 children)

The pay was in stock options. It essentially doubled his ownership of Tesla from 12% to 25% so he in fact cares a lot about the price.

The stockholders are definitely morons for agreeing to it. Pay the fashgeld and you never get rid of the fash.

[–] [email protected] 4 points 1 month ago (2 children)

I didn't know that, thank you! Also apparently a judge has blocked the awarding of the package?

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[–] [email protected] 7 points 1 month ago

Trump apparently tried claiming it’s illegal to boycott Tesla. They’re most likely not happy about it lol

[–] [email protected] 13 points 1 month ago (3 children)
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[–] [email protected] 12 points 1 month ago (1 children)

I wonder if Elon is probably going to bail on Tesla after he gets all his SpaceX stock hooked into government contracts and stuff.

[–] [email protected] 9 points 1 month ago (4 children)

Some youtuber was saying as much. A lot of his wealth is tied up in Tesla and a lot of Tesla's valuation is tied up in Musk. But Starlink is making far more than Tesla, he owns a larger portion of it than Tesla, and he's selling Tesla shares. If he makes the right moves he can entirely walk away from Tesla and leave the shareholders holding the bag.

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[–] [email protected] 11 points 1 month ago (1 children)

Good!

[I am now on a list.]

[–] [email protected] 6 points 1 month ago (1 children)

Bold of you to assume you weren't before.

[–] [email protected] 8 points 1 month ago (1 children)

We are all on the Verfassungsschutzliste/List of the Office for the Protection of the Constitution (lovingly nicknamed Faschistenschutz/Office for the Protection of Fascists)

[–] [email protected] 3 points 1 month ago (3 children)

Die sollen mal ihre Arbeit machen und die Verfassung schützen!

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[–] [email protected] 11 points 1 month ago (3 children)

Can't wait for some "buy the dip" dickwads to catch this falling knife

[–] [email protected] 4 points 1 month ago* (last edited 1 month ago)

I did tonight, made 700 bucks. Not complaining.

But im not going to hold Tesla. Its going down on next revenue report when people see the sales.

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[–] [email protected] 10 points 1 month ago

Drop that fucker til it's in the ground.

[–] [email protected] 8 points 1 month ago
[–] [email protected] 8 points 1 month ago

To the floor!

[–] [email protected] 8 points 1 month ago
[–] [email protected] 6 points 1 month ago* (last edited 1 month ago)

it is still overvalued anyway. they havent shown the profitability and growth potential that its current price reflects, not even after plunging as much as it did.

[–] [email protected] 4 points 1 month ago

tsla stock price was around $230 when musky used it as collateral for whatever loans he took out for the purchase.

[–] [email protected] 4 points 1 month ago (2 children)

And yet Musk is fixing NASA's screwup today by rescuing people.

[–] [email protected] 19 points 1 month ago

You mean Boeing's screw up. They were the designer/manufacturer of the capsule that had issues. Plus Musk has very little if anything to do with SpaceX engineering or operations (Gwynn Shotwell is in charge of operations). Mostly he just does "Funny" shit like telling engineers to make Starship more pointy.

[–] [email protected] 6 points 1 month ago

Sure, like he’s “fixing” the government?

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