Tesla Stock in Freefall After Disastrous Earnings Report

Comments

• barrbaric@hexbear.net ⁨24⁩ ⁨minutes⁩ ago

  Still way over what it’s realistically worth, I’m sure.

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• Nobody@anarchist.nexus ⁨52⁩ ⁨minutes⁩ ago

  the company’s gross profits dropped as operating expenses climbed far quicker than revenue, in large part thanks to AI-related capital expenses

  Glorious. Just glorious.

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• segfault11@hexbear.net ⁨1⁩ ⁨hour⁩ ago

  The elephant in the room during this week’s call was the long-rumored possibility of Musk merging Tesla and SpaceX — a doubling down on his portfolio that could set up some of the most unbelievable financial drama in economic history.

  sicko-flipped

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• p03locke@lemmy.dbzer0.com ⁨2⁩ ⁨hours⁩ ago

  But, but, but, SpaceX stock!

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• Valmond@lemmy.dbzer0.com ⁨1⁩ ⁨hour⁩ ago

  Ha ha ha lol.

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• zout@fedia.io ⁨1⁩ ⁨hour⁩ ago

  WHEEEEEEEE!

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• crunchy@lemmy.dbzer0.com ⁨2⁩ ⁨hours⁩ ago

  That would explain the $2000 loss on my retirement account balance this month.

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  • SatansMaggotyCumFart@piefed.world ⁨2⁩ ⁨hours⁩ ago

    You shouldn’t invest in meme stocks.

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    • superglue@lemmy.dbzer0.com ⁨1⁩ ⁨hour⁩ ago

      In many cases you don’t have a choice. They weaseled their way into index funds and your employer gives you limited options.

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• applebusch@lemmy.blahaj.zone ⁨2⁩ ⁨hours⁩ ago

  nice

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