Comment on Tesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wants

Feathercrown@lemmy.world ⁨1⁩ ⁨month⁩ ago

• kameecoding@lemmy.world ⁨1⁩ ⁨month⁩ ago

  If the stock market had anythign to do with logic Tesla wouldn’t be worth more than all other car manufacturers combined

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  • gradual@lemmings.world ⁨1⁩ ⁨month⁩ ago

    Bag holders.

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• Knock_Knock_Lemmy_In@lemmy.world ⁨1⁩ ⁨month⁩ ago

  Stock market logic, sell one cybertruck for $1m and your whole inventory is now worth 10x

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• Glytch@lemmy.world ⁨1⁩ ⁨month⁩ ago

  They’re only worth what someone would be willing to pay for them. What’s the scrap value on a cybertruck?

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• PieMePlenty@lemmy.world ⁨1⁩ ⁨month⁩ 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.

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