this post was submitted on 09 Jul 2024
451 points (98.3% liked)
Technology
59600 readers
3399 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
I don't buy it, tbh. I've been hearing some variant of "Tesla isn't growing more and the stock is overvalued" or in the last five years "Musk is an idiot and is going to tank the stock" since I started paying attention to the markets circa 2012. Musk is a fascist piece of shit, but he does have some quality--and it may just be having more money than God and thus having a sort of wealth inertia--that keeps the stock merrily tripping its way upwards. I bought three shares several years ago on a whim, and between the upward growth and the stock splits I've sold my initial investment amount 3x already and could sell it three more times today and still have Tesla stock leftover