Mastodawn

Tesla sales in January were -17% lower than the same time last year. However its stock price is +22% higher.

I don’t think I’ve ever seen the business performance of a company and its stock price diverge this much.

The question is how much longer can Elon’s cult prop up the stock?
https://www.newsobserver.com/news/business/article314701754.html

Show thread

Misuse Case

@carnage4life If you subscribe to the theory that the stock market is a graph of rich people’s feelings, then the conclusion to draw is that the rich people don’t care about what’s actually going on with Tesla, they just like Elon Musk and what he’s about.