this post was submitted on 10 Mar 2025
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News

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[–] ArghlBarghlFooFera@feddit.org 112 points 4 months ago (1 children)

Well, I think it can go lower. Much lower.

[–] jumperalex@lemmy.world 26 points 4 months ago (1 children)

I don't believe you. PROVE IT!!!

[–] ArghlBarghlFooFera@feddit.org 5 points 4 months ago

I think we can all prove it together.

[–] Tailzse836@lemm.ee 65 points 4 months ago (2 children)

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 😂

[–] bitchkat@lemmy.world 26 points 4 months ago (2 children)

They will weasel out somehow.

[–] assembly@lemmy.world 32 points 4 months ago

We will hear an immediate news bulletin that all post office vehicles will be model Ys or something like that.

[–] AA5B@lemmy.world 17 points 4 months ago (2 children)

If you default on your mortgage, you’ve got a problem. If you default on Twitter, the bank has a problem

[–] thatKamGuy@sh.itjust.works 10 points 4 months ago

Aljazeera | How Elon Musk funded his $44bn Twitter takeover

A curious read, seems he spent $27bn in cash on the transaction - so he ‘only’ has loans on ~$17bn, across a swathe of investment groups, wealth funds and banks. Basically, I don’t think a margin call is imminent.

Which is a bit of a shame, as it would be somewhat hilarious to see it fall into the hands of a bank like Chase - being such a toxic asset at this point, to know whether they’d try to salvage/pivot it (ideal, but unlikely) - or just sell it on and write off the loss.

[–] Benjaben@lemmy.world 8 points 4 months 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.

[–] Numinous_Ylem@lemmy.world 38 points 4 months ago (1 children)

Those are rookie numbers... I hope see it drop to its pre-pandemic valuation over the next year 📉

[–] Hideakikarate@sh.itjust.works 32 points 4 months ago (1 children)

Why stop there? Let's see how low it can go.

[–] some_guy@lemmy.sdf.org 17 points 4 months ago

Time for a game of limbo.

[–] kreskin@lemmy.world 23 points 4 months ago

This is the best news I have heard in the US in like a year.

[–] Nfamwap@lemmy.world 20 points 4 months ago
[–] Opinionhaver@feddit.uk 18 points 4 months ago (2 children)

Up 25% from a year ago nevertheless.

[–] kameecoding@lemmy.world 5 points 4 months 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 4 points 4 months 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

[–] xc2215x@lemmy.world 18 points 4 months ago

Boycotts are working. May it continue.

[–] buycanadiandeals@lemmy.ca 15 points 4 months ago

We are just getting started...

[–] DarkSurferZA@lemmy.world 14 points 4 months ago

Steepest drop in 5 years, so far...

Too lazy to make the meme. But y'all know

[–] ininewcrow@lemmy.ca 12 points 4 months ago (1 children)

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

[–] My_IFAKs___gone@lemmy.world 6 points 4 months ago (2 children)

"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"

[–] krashmo@lemmy.world 2 points 4 months ago (1 children)

THEY'RE DE-PEEPEE'ING THE PETS!!!

[–] Aceticon@lemmy.dbzer0.com 0 points 4 months ago

THeY'rE USinG TRaNs COcKs iN ChICkEn FIgHtS!!!

[–] CharlesDarwin@lemmy.world 2 points 4 months ago

Many people are saying. Just like turning mice transgender. It's just incredible.

[–] some_guy@lemmy.sdf.org 4 points 4 months ago (1 children)

Someone bring hotdogs and marshmallows for this dumpster fire.

[–] catloaf@lemm.ee 2 points 4 months ago

I too love industrial carcinogens in my food

[–] CharlesDarwin@lemmy.world 1 points 4 months ago