Comment on Tesla profit tanked 46% in 2025 | TechCrunch

• a_non_monotonic_function@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

  This is the big thing. Tesla’s stock has never been valued based on what the company is or can do. It’s valued on musk’s image and how much value people believe that brings to the company.

  His huge pay packages are likely because he knows that there’s a reckoning coming with the stock, and he doesn’t want to be a bag holder for his own company.

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  • baggachipz@sh.itjust.works ⁨5⁩ ⁨weeks⁩ ago

    The problem is, there is seemingly no end to his bullshit that people will gleefully swallow. I bought it for a while, I loved the idea of an idyllic future. Unfortunately, one must deliver on that at some point. I was always willing to to accept the bullshit on the premise that it would happen at some point. However he’s lost the plot to his own hubris and idiocy. Yet somehow, he’s still able to con enough people to prop (and grow!) his meme stonk.

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    • a_non_monotonic_function@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      Profits tanking by 46% Is it good indicator that he’s not immune to people waking up about reality.

      The entire thing is a house of cards that will likely collapse when public sentiment fully dissolves.

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      • baggachipz@sh.itjust.works ⁨5⁩ ⁨weeks⁩ ago

        One would think, but this has gone on way longer than I could ever imagine.

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