Comment on How is the Stock Market keeping it's value after *points to everything*?
xmunk@sh.itjust.works 5 weeks ago
Look at Tesla stock prices - even after a slight deflation it’s astronomically overvalued and divorced from reality.
We’re in a speculative bubble baby!
pdxfed@lemmy.world 5 weeks ago
Divorced from reality? Teslas CEO controls Treasury payments as of a week ago.
I cannot think of an easier bet than on a dictator’s personal interests rising. Trump is just a sock puppet for a bit. Musk, Vance, etc. are the next Gen of uglier.
xmunk@sh.itjust.works 5 weeks ago
The market was significant out of whack before this election even began.
Tesla’s stock price is 99% pure (dumb) speculation.
pdxfed@lemmy.world 5 weeks ago
It was dumb speculation until he took down all regulatory apparatus, and grabbed the national checkbook while trump made himself a puppet king. Now any money not in Tesla is crazy.