Tesla dealerships are getting protested and, in some cases, vandalized. Sales are down on 9 of the top 10 countries Tesla sells in. Yet Tesla stock is up. Twitter is a cesspool of nazi-themed bots, and somehow just pulled in $1bn and raised its valuation back up to $44bn.

How is any of this possible? It seems really artificial to me, but I don’t really understand business.

  • @Frostbeard@lemmy.world
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    179 days ago

    When highly profitable companies are valued less than companies like Tesla just confirms that in the stockmarket the rules are made up, and the points don’t matter