• Imgonnatrythis@sh.itjust.works
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    3 days ago

    No such thing as a death cross for a company that is now embedded at the highest level of the federal government. Don’t get too excited, ass hat and the swasticars aren’t going anywhere. If you havent dumped your Tesla yet, get fucked at this point.

    • chilicheeselies@lemmy.world
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      3 days ago

      There is only so much they can do to prop it up. If noone is buying them, and noone wants the stock, its going to go down short of the govt literally buying the stock and handing it over to musk.

      That unfortunately would not surprise me. How sad.

      • Billiam@lemmy.world
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        3 days ago

        Tesla could literally never sell another car again, and it wouldn’t matter as long as people continue to buy the stock.

        It’s been wildly over priced for a very long time, so clearly the people who are keeping it afloat aren’t interested in whether the company is actually profitable or not.

        • danc4498@lemmy.world
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          3 days ago

          I think those people were only buying and holding cause the stock price kept going up regardless of logic and reason. These people wanted to make money.

          If they think they might lose money, I think they would probably sell.

        • chilicheeselies@lemmy.world
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          3 days ago

          That only goes so far. If the company ceases to exist because it cant pay its debts, its gonna get delisted from the exchange.

      • Raiderkev@lemmy.world
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        3 days ago

        Til magically the government starts buying all its cars from them, and they start making tanks and drones for the military.

    • AlecSadler@sh.itjust.works
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      3 days ago

      I dumped mine, originally was estimated to be a $92 fee or something to walk away from the lease.

      Just found out a couple of days ago they’re charging me every fee under the sun. Now they want $4000. Have to put it on a credit card. It royally sucks, but I’m still glad I ditched it.