Another way of saying it is that shares had already gone down because this was expected. When it wasn’t quite as bad as expected, they got a little bump back.
Comment on Tesla profit tanked 46% in 2025 | TechCrunch
JackDark@lemmy.world 11 hours ago
Investors largely expected the decline in sales in Tesla’s fourth quarter and full-year results for 2025, and the company beat Wall Street’s estimates for earnings and revenue, sending shares up in after-market trading Wednesday.
Remember, this is talking about profits, not revenue. They’re still making profit. They did shit profits, but it was more than people expected them to make, so shares went up. Fuck Tesla.
scarabic@lemmy.world 5 hours ago
jjlinux@lemmy.zip 10 hours ago
Fucking stocks are like gambling. There’s no rhyme or reason to them.
regedit@lemmy.zip 1 hour ago
It’s worse than gambling. When gambling there’s risk and reward, but bad bets are still the responsibility of the player just like bets that outperform. In stocks, if someone makes a bet and/or the company misses their expected returns, the gambler can sue the company. It’s the only gambling where oops, all losses can still result in payoff for the player by fiduciary class-action lawsuit.
I played meme-stocks in 2020-21. I saw that bullshit first-hand, getting half a dozen emails after quarter misses about suing the company over their failure to meet projections. But half of those companies were just getting fucked with because of the influx of idiots like me doing silly shit with their money! I was blown away by that and suddenly started to see how fucked we were to do anything to stop the cancer that unregulated capitalism has become. Infinite growth, impossible in a finite system, is not only expected, but failure to return positive returns could be met with shareholders suing the company for line not go up high enough reasons.
It’s so messed up.
baggachipz@sh.itjust.works 10 hours ago
Especially a meme stock like tesla
UltraGiGaGigantic@lemmy.ml 6 hours ago
Welcome to the vibe based economy.
GreyEyedGhost@piefed.ca 33 minutes ago
I had this exact opinion when Amazon lost less money than expected in 1999. I’m sure people had similar opinions before 1929. This isn’t something new.
Deceptichum@quokk.au 4 hours ago
EcOnOmIcS iS a ScIeNcE!
scarabic@lemmy.world 5 hours ago
If the decline was expected, that had already affected the stock price. If you look ONLY at what happens on the day it’s finally official, in writing, then yes it’s counterintuitive. But it’s very easy to not look at just that.
jjlinux@lemmy.zip 36 minutes ago
So, 2+2= whatever the hype says it is. Got it.
neukenindekeuken@sh.itjust.works 4 hours ago
(hats how its supposed to work.
That is absolutely not how it actually is working.