this post was submitted on 21 Nov 2023
507 points (93.5% liked)
Technology
59421 readers
5123 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I doubt he'll win but media matters will have attorney fees and those can be financially devastating sometimes.
How are Tesla shaehrolders not like suing for something to deal with Musk doing stupid shit like this? How far are they gonna let him go?
Who knows. Maybe they realize the stock is already overpriced and they don't want to jinx it. I'm still in awe of the fall musk made in the public consciousness. He went from the guy who wanted to change the world and help end fossil fuel consumption to someone who paid 40+ billion to make a safe space for Internet trolls... Crazy.
I think anyone who has even the slightest idea of how the market works knows Tesla is grossly overvalued. Obviously it's nowhere near the whole story, but when their market cap is nearly 20× that of Ford's with ½ the revenue, something is fucky
Irrational exuberance at its finest