this post was submitted on 13 May 2025
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Cars - For Car Enthusiasts

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[–] PostaL@lemmy.world 16 points 11 months ago (3 children)

Yet their stock went up 20% past week...

[–] kn0wmad1c@programming.dev 10 points 11 months ago

The stock price isn't an accurate representation of the worth of the company. It's an accurate representation of the amount of bullshit the company CEO is filled with.

[–] BrokenGlepnir@lemmy.world 9 points 11 months ago

The economy is based on vibes and not the true value. However that doesn't mean they aren't allowed to borrow against those vibes, to avoid taxes.

[–] sfled@lemm.ee 4 points 11 months ago

So did other stocks. The Dotard flip-flopped on tariffs again.