Stock market logic, sell one cybertruck for $1m and your whole inventory is now worth 10x
Comment on Tesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wants
Feathercrown@lemmy.world 3 weeks ago
You know, by stock market logic, this would mean they aren’t actually worth $800m
Knock_Knock_Lemmy_In@lemmy.world 3 weeks ago
Glytch@lemmy.world 3 weeks ago
They’re only worth what someone would be willing to pay for them. What’s the scrap value on a cybertruck?
PieMePlenty@lemmy.world 3 weeks ago
Simple economy actually. Supply exceeds demand, value on the market is lower.
On the stock market, you can do all kinds of fuckery to gain from this.
kameecoding@lemmy.world 3 weeks ago
If the stock market had anythign to do with logic Tesla wouldn’t be worth more than all other car manufacturers combined
gradual@lemmings.world 3 weeks ago
Bag holders.