Comment on Tesla’s profits sank sharply in the second quarter of 2024 | The company’s revenue increased by 2 percent compared to last year, but profits are down 45 percent year over year

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ShittyBeatlesFCPres@lemmy.world ⁨3⁩ ⁨months⁩ ago

You’re not wrong but Tesla is probably more of a meme stock at this point. We might not be able to blame Wall Street for this one. There’s a lot of retail investors in Tesla stock because they think Elon is a super brain genius despite all evidence to the contrary.

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