this post was submitted on 08 May 2026
283 points (98.3% liked)
Technology
84449 readers
3990 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The stock market is clownicized. That the flagship product of this company being dogshit, whose intrinsic value can't exceed 10 billion didn't tank the stock price that is currently valued at 1.5 trillion dollars, that gave the ceo 60 billion for hyping the stock price without producing actual income to justify that, well, it speaks for itself.
I would argue our bail outs are a factor in this, investor's don't fear a major downturn and are more reckless, knowing any large losses will be socialized from the backs of working people, their victims, while all gains are privatized.
Price to earnings is a sanity check. There is no sanity here (Tesla), nor does it apply to many such corpos, line must go up! The only sanity is (insider) knowing enough to get out at the right time, if you don't, you're the product (fattened pig).