Poor Lonnie. May he cry himself to sleep on his MyPillow tonight.
they had profits in 2025? too many ok with buying nazi products
Way too many, fuck that Nazi and his shit company
I’ve been considering getting an electric car, and have been researching good models, and I can’t believe how many places are still recommending Tesla. I know the fediverse is far lefter than most other places, but I thought at the very least the general population had stopped trusting Musk and his scams.
Hyundai Ionic 6 (sedan) or Ionic 5 (suv). I have the Ionic 6. It’s great! Even better than my old Model 3 because I can use Android Auto. AND I haven’t had the 6 reboot on me during highway driving.
(My Model 3 once rebooted while I was driving on the highway.)
Good to know, thanks! I’ve seen a lot of good things about Hyundai as well, though I do get concerned given how many issues I’ve had with my 2 Kias over the last several years. I was considering waiting to get an EV Corolla when they apparently come out in a year or two, but I also don’t know if I want to wait that long.
Good.
Investors largely expected the decline in sales in Tesla’s fourth quarter and full-year results for 2025, and the company beat Wall Street’s estimates for earnings and revenue, sending shares up in after-market trading Wednesday.
Remember, this is talking about profits, not revenue. They’re still making profit. They did shit profits, but it was more than people expected them to make, so shares went up. Fuck Tesla.
Fucking stocks are like gambling. There’s no rhyme or reason to them.
Especially a meme stock like tesla
This is the big thing. Tesla’s stock has never been valued based on what the company is or can do. It’s valued on musk’s image and how much value people believe that brings to the company.
His huge pay packages are likely because he knows that there’s a reckoning coming with the stock, and he doesn’t want to be a bag holder for his own company.
That’s one of the reasons why he lies constantly about what’s coming. Full self-driving, people on Mars, solar roof shingles. He has to keep pumping up the image, or the whole house of cards collapses.
The problem is, there is seemingly no end to his bullshit that people will gleefully swallow. I bought it for a while, I loved the idea of an idyllic future. Unfortunately, one must deliver on that at some point. I was always willing to to accept the bullshit on the premise that it would happen at some point. However he’s lost the plot to his own hubris and idiocy. Yet somehow, he’s still able to con enough people to prop (and grow!) his meme stonk.
It’s worse than gambling. When gambling there’s risk and reward, but bad bets are still the responsibility of the player just like bets that outperform. In stocks, if someone makes a bet and/or the company misses their expected returns, the gambler can sue the company. It’s the only gambling where oops, all losses can still result in payoff for the player by fiduciary class-action lawsuit.
I played meme-stocks in 2020-21. I saw that bullshit first-hand, getting half a dozen emails after quarter misses about suing the company over their failure to meet projections. But half of those companies were just getting fucked with because of the influx of idiots like me doing silly shit with their money! I was blown away by that and suddenly started to see how fucked we were to do anything to stop the cancer that unregulated capitalism has become. Infinite growth, impossible in a finite system, is not only expected, but failure to return positive returns could be met with shareholders suing the company for line not go up high enough reasons.
It’s so messed up.
Welcome to the vibe based economy.
I had this exact opinion when Amazon lost less money than expected in 1999. I’m sure people had similar opinions before 1929. This isn’t something new.
EcOnOmIcS iS a ScIeNcE!
Stock prices are related to economics but aren’t the focus of the field.
Tesla’s board:
hey, I know, let’s give the ketamine enthusiast who sieg heil’d a dementia-ridden psychopathic racist twice on national television a trillion dollars this year as a comp package.
Not enough.
