• teyrnon@sh.itjust.works
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    1 month ago

    The stock market is clownicized. That the flagship product of this company being dogshit, whose intrinsic value can’t exceed 10 billion didn’t tank the stock price that is currently valued at 1.5 trillion dollars, that gave the ceo 60 billion for hyping the stock price without producing actual income to justify that, well, it speaks for itself.

    I would argue our bail outs are a factor in this, investor’s don’t fear a major downturn and are more reckless, knowing any large losses will be socialized from the backs of working people, their victims, while all gains are privatized.

    • Derpgon@programming.dev
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      1 month ago

      All the cybertrucks here in Czechia (like 3 or 4 IIRC) have to have the sharp edges covered with rubber lol

  • ulkesh@piefed.social
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    1 month ago

    A-hahahahahahaha. AHAHAHAHAHAHA. AHAHAHAHAHAHA!!! breathes deeply AHAHAHAHAHAHAHA!

    I didn’t realize they offered a NWD option.

  • cecilkorik@piefed.ca
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    1 month ago

    It’s a safety feature. You’re actually safer once the wheels fall off, because it can no longer go anywhere.

  • limonfiesta@lemmy.world
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    1 month ago

    All 173 of them.

    Yes, you read that correctly:

    Tesla only sold 173 of the Cybertruck RWD base model.

  • Glytch@lemmy.world
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    1 month ago

    The Cybertruck is the perfect metaphor for modern-day America.

    Falling apart.

    A danger to everyone, both inside and out.

    Spontaneously catches fire.

    Many of its passengers are trapped inside.

    Described as the best thing ever by the worst people ever.

    There’s probably more

    • Tollana1234567@lemmy.today
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      8 days ago

      its GIANT coffin, while being more expensive than fancy ornate coffin. its a built in crematoirum rolled into one.

    • lobut@lemmy.ca
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      1 month ago

      Driven by Nazis.

      Unprepared for China.

      Hated by Canadians.

      Ugly on the inside.

      Riddled with debt.

      No one’s really buying it.

  • Tyrq@lemmy.dbzer0.com
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    1 month ago

    No good reason for Tesla to still have a 1.5t market cap when Toyota sells 10x more cars at 300b, or ford sells twice as much at 50b. The quality sure isn’t better, and I doubt the margin on sales makes up for this.

    The only competitive advantage is an egotistical nazi imbecile at the helm, and I only say it’s an advantage simply because they’re still holding value somehow

    • teyrnon@sh.itjust.works
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      1 month ago

      The market is completely divorced from fundamentals. It’s a casino, and the government bailing out connected companies every downturn has perverted the natural pricing of these stocks.

  • rozodru@piefed.world
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    1 month ago

    May fall off? hell you can total a Cybertruck with your bare hands. you can probably just pull them off without any tools.