this post was submitted on 10 Mar 2025
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top 14 comments
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[โ€“] anon6789@lemmy.world 1 points 3 weeks ago
[โ€“] FortyTwo@lemmy.world 1 points 3 weeks ago

I remember a few weeks ago Dutch pension funds sold all their Tesla stock because they felt it wasn't a safe investment anymore. The decision was laughed at on reddit because Tesla still went up a little bit after that, clearly it was a political choice and the uncertainty was just an excuse, surely the Dutch people would be annoyed that politics cost them big gains on their pensions, etc etc.

I feel vindicated. Let's see how low it can go!

[โ€“] Sgt_choke_n_stroke@lemmy.world 0 points 3 weeks ago (1 children)

I feel bad for the engineers that work there. But I feel great that it's literally destroying musk net worth.

[โ€“] vesi@lemm.ee -1 points 3 weeks ago

I donโ€™t. They work for a terrible guy and they KNOW it.

[โ€“] frightful_hobgoblin@lemmy.ml 0 points 3 weeks ago (2 children)

More dramatic to say $320 billion in market cap has been destroyed.

[โ€“] thatKamGuy@sh.itjust.works 1 points 3 weeks ago

No, rather $320 billion dollars in speculative value has simple been unrealised! ๐Ÿ˜‰

[โ€“] b1t@lemmy.world 0 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Or that it's down 34% since the start of the year. At this rate the company will be bankrupt by the 3rd quarter.

[โ€“] NotJohnSmith@feddit.uk 0 points 3 weeks ago (1 children)

They dropped 72% in late 2021 albeit over 15 months. What I'm saying is, they can beat that record, and quicker this time... I believe in them!!

[โ€“] nodiratime@lemmy.world 0 points 3 weeks ago (1 children)

A fair price for the stock is 0.

[โ€“] vesi@lemm.ee -1 points 3 weeks ago

Nah. It should be negative. There is such a big disgust of mine when seeing Tesla that they should pay me if they want me to buy the stock.

[โ€“] kn0wmad1c@programming.dev 0 points 3 weeks ago (1 children)

It's up over $60 from where it was at this time last year, so there's still work to do on this clearly overinflated stock

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[โ€“] vesi@lemm.ee -1 points 3 weeks ago

We arenโ€™t stopping here๐Ÿ˜ˆ

[โ€“] vesi@lemm.ee -1 points 3 weeks ago

Thanks for reposting my post!๐Ÿ˜„

*$100. This is how it is done.