• Tailzse836@lemm.ee
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    1 year ago

    Whats crazy is that even after losing more than half its value recently, it still has a PE ratio of around 128. Lol Can’t wait for the earnings to be released in April for the real bloodbath to start. Would be hilarious if it drops so much that FElon get’s margin called 😂

    • YonderEpochs@lemmy.world
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      1 year ago

      That would be wild lol. Trump has a storied history of turning on people who expend their usefulness to him, and often viciously. Many of the things that prop Musk up now can switch and work against him.

    • CharlesDarwin@lemmy.world
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      1 year ago

      The guy is a welfare queen who thinks he’s a hero from one of Ayn Rand’s horrible sci-fi novels.

      It’s too bad he’ll be able to send more money to his companies because he bought little d.

      • usernamesAreTricky@lemmy.ml
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        1 year ago

        Tesla share price is largely off of vibes, not how the company is actually doing. Boycotts and protests hurt the vibes more than the Trump money slush fund helps the vibes

        If it was prices like every other automaker based on profit, it’d be enormously lower in price than it is

        • CharlesDarwin@lemmy.world
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          1 year ago

          vibes

          Oh, I don’t doubt it for a minute. I’ve been giving that P/E ratio side-eye for years and years and I have no idea why people were wanting to buy some meme stock at ATHs because they just saw it go up (well, I do know, that’s largely how human psychology works, I guess. FOMO and figuring that looking in the rear view mirror is a great way to buy stock).

          VW has an EV, P/E ratio in single digits now, though it has apparently spiked in 2016 to triple digits. Ford also has an EV, same thing, P/E ratio of single digits, though they have crept up to double digits in the not too distant past.

          P/E ratio of TSLA in March 7, 2025 - 161.23. That’s still insane, but if you look back, they had P/E ratio over a 1100!

          It gets even worse when you watch videos like the ones thunderf00t has put out there on fElon…

  • Corngood@lemmy.ml
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    1 year ago

    Tesla’s valuation never made sense, and now its target market is limited to environmentally conscious Nazis.

    • kameecoding@lemmy.world
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      1 year ago

      Yeah, but this time investors might actively start dumping shares, because teslas stock was already ridiculously over inflated and their sales are now starting to decline and the legacy automakers are catching up, while the chinese curb stomped tesla already

    • PrettyFlyForAFatGuy@feddit.uk
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      1 year ago

      My dad was invested in Tesla and i convinced him to sell with this one simple truth

      There is very little overlap in the venn diagram of people who would buy teslas and the people who think what musk is doing is good.

      he is seriously pissing off his customer base

  • IninewCrow@lemmy.ca
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    1 year ago

    I wonder what crisis they’re going to create to distract, dismiss or deny that this is happening

    • Gordon Calhoun@lemmy.world
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      1 year ago

      “Trans immigrants are forcing dogs to transition to match their owners’ gender and then they’re eating them and it’s happening in every blue state and tariffs are the only way to fight it”