Tesla dealerships are getting protested and, in some cases, vandalized. Sales are down on 9 of the top 10 countries Tesla sells in. Yet Tesla stock is up. Twitter is a cesspool of nazi-themed bots, and somehow just pulled in $1bn and raised its valuation back up to $44bn.

How is any of this possible? It seems really artificial to me, but I don’t really understand business.

  • IMALlama@lemmy.world
    3·
    2 days ago

    Although much of Tesla’s value recently was from a big jump in November (getting a fancy new oval-shaped office will do that for you)

    I don’t think many people realize just how big a jump this was.

    • Libra00@lemmy.worldEnglish
      2·
      2 days ago

      Yeah, the price nearly doubled. But then it all came crumbling down again. I doubt it will go much below where it was before for long, but I could be wrong.