this post was submitted on 23 Aug 2023
746 points (96.9% liked)
Technology
58011 readers
3117 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
To put this in perspective, Tesla's stock price has still more than doubled since the beginning of the year. They're doing just fine.
The past few weeks have been rough across the market. I suspect the reemergence of COVID has played a factor.
How about since their ATH?
Oh... It's at a 43% bargain.
52 weeks high? Yep, still a bargain!
Nah, they're not doing fine.
Anyone who actually follows the market knows it doesn’t follow logic and doesn’t actually represent the health of the company or the economy.
Apparently not since the big investors are getting out/reducing investment.