this post was submitted on 20 May 2025
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Economy

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[–] PP_BOY_@lemmy.world 13 points 14 hours ago (1 children)

There is literally no way that Tesla will ever grow big enough to justify it's unhinged-from-reality valuation. It's just a matter of not being the last one holding the bag. The Tesla crash is going to make Lehman look like a fender bender

[–] joekar1990@lemmy.world 6 points 13 hours ago (1 children)

Just waiting for Elon now to play hide the money and have Xai buy Tesla or negotiate some deal to use the software in the cars to pump his numbers more if it dips.

[–] PP_BOY_@lemmy.world 1 points 10 hours ago* (last edited 10 hours ago) (1 children)

Software in what cars? The ones that are sitting on lots by the thousands across Europe/China/the US? The models getting outsold 5x over by BYD globally? The Emperor wears no clothes. Tesla is a poisoned brand and poor dumb rednecks/Silicon Valley tech bros alone cannot make up for the damage Musk has done to investor's monies. Tesla's unprecedent valuation was because it was supposed to be the car manufactuer in the post-ICE era, not a political statement for half of the population of a single country that's reviled across the globe.

[–] GaMEChld@lemmy.world 2 points 10 hours ago

Oh and let's not forget that he originally sold the cars to the left while the right rolled coal, then he decided his original customers were his enemies.