this post was submitted on 05 Apr 2024
259 points (95.1% liked)

Technology

61300 readers
3434 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
259
Tesla scraps its plan for a $25,000 Model 2 EV (arstechnica.com)
submitted 10 months ago by [email protected] to c/[email protected]
70 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 10 months ago (1 children)

Their stock valuation rests entirely on large entities shorting the stock, and other large entities saying “I will take that bet!”. That’s pretty much it.

[–] [email protected] 6 points 10 months ago

All stock valuation rests on like three entities making numbers up, that's not the thing. The question is how long will Wall Street keep Musky boy on the nice list if he is becoming more and more visibly incompetent.