this post was submitted on 13 Mar 2025
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EU_Economics

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EmileDurkheik@lemm.ee
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No one has ever damaged a brand's reputation so quickly, bankers say about Tesla. Will the automaker collapse? (byznys.hn.cz)
submitted 4 months ago by EmileDurkheik@lemm.ee to c/EU_Economics@lemm.ee
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[–] FreeRangeMustard@lemm.ee 4 points 4 months ago (1 children)

Yeezys weren’t exactly a 799$ billion business.

[–] FlexibleToast@lemmy.world 7 points 4 months ago

Neither was Tesla. Tesla had maybe the most over inflated value of any company. The C suite execs knew it and have been shedding stock for years. They also have never paid out dividends, ever. The Elon hype is finally deflating.