this post was submitted on 24 May 2025
1003 points (98.5% liked)
memes
14926 readers
4467 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
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
Competitors have outsold Tesla as part of boycott, so the stocks won't go back to its peak at $400-410. What is happening is that it simply became pump and dump for most traders (I have been shorting it myself).
Tesla's share price is up 40% in just one month. You can't short when it's rising, unless you want to lose shitloads of money. It's also half way through to full recovery, which should happen within a month more.
What is happening is that everyone who were panic selling lost their money, those who were buying from panicking lemmings got already rich. 40% returns in one month is just fucking bonkers!
Tesla share price has been going up and down in the past couple of months. You are correct it went up 40% broadly speaking, but it is because people have just been pumping and dumping. I guarantee Tesla stocks will crash again as long as Musk is the CEO and the board of directors don't get rid of him.
You can still short as day trade even if the overall market or stocks is going down by exploiting the price movements. But that is more stressful I must admit.