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 6 days ago (3 children)

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

[–] kn0wmad1c@programming.dev 10 points 6 days 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 6 days 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 6 days ago

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