this post was submitted on 13 May 2025
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You know, by stock market logic, this would mean they aren't actually worth $800m
They're only worth what someone would be willing to pay for them. What's the scrap value on a cybertruck?
Simple economy actually. Supply exceeds demand, value on the market is lower.
On the stock market, you can do all kinds of fuckery to gain from this.
Stock market logic, sell one cybertruck for $1m and your whole inventory is now worth 10x
If the stock market had anythign to do with logic Tesla wouldn't be worth more than all other car manufacturers combined
Bag holders.