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[–] 32 points 1 day ago

So this is what they mean by 'you will get tired of winning'.

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  • [–] 48 points 1 day ago
    [–] 15 points 1 day ago

    Oh no!

    Anyway.

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  • [–] 11 points 20 hours ago

    Surely an epic memelord like Musk would be all over it being 420.

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  • [–] 10 points 16 hours ago (3 children)

    Man, I kind of hate the stock market. Apparently, everyone just assumes that the guy was doing illegal things, and only because there's now a chance that someone might actually check, that's why we stop giving him money to fund that.

    Criminal = invest
    Criminal + law enforcement = pull out

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  • [–] 4 points 16 hours ago (1 child)

    There should be a rule that shareholders get fined as well whenever a company they invested in gets fined for breaking the law. Then maybe investors will be a bit more responsible in deciding who to invest in.

    Own 0.0001% of the company shares? Pay 0.0001% of that 250 million dollar fine.

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  • [–] 3 points 15 hours ago

    I mean, they already do that in a way, because their stocks lose value when the company loses money. That's why everyone and their hamster is selling off these stocks now.

    But sure, making the investors pay another time or just generally increasing fines could help.
    Unfortunately, companies then lobby for Nazis to take over government to undo these increased fines + abolish law enforcement for themselves, so that's not terribly ideal either...

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  • [–] 1 point 11 hours ago

    Tbh I see it more as a strategic play. The AI bubble was gonna burst and everybody who was paying attention could tell. So AI folks made a calculated gamble to prop the bubble up until midterms. Now they allow it to crash, blame Democrats, get the GOP back into power, and it's back to deregulation and allowing AI to get away with whatever crimes they want.

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  • [–] 8 points 23 hours ago
    [–] 6 points 16 hours ago* (1 child)

    It’s got a long way to go still before it reflects reality.

    Tsla has a PE of 380 with YoY degrowth over multiple years and no prospects of growth.

    another 150K in Europe. In the same period BYD sold about 3 million EVs. Last MONTH (October) BYD sold 500K EVs.

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  • [–] 6 points 20 hours ago
    [–] 4 points 11 hours ago (2 children)

    Tesla has always been more hype that substance. Use Toyota as an example. Toyota has significantly higher income, profits, assets, equity, cars sold etc (it's not even close) but even right now Tesla has a market cap that is over 5 times higher.

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  • [–] 4 points 13 hours ago (1 child)

    Hmmmm... $420B stock losses ....$445M on rigging elections....Cybertruck cancelled...has anyone checked if Elmo is okay? should we start a crowdfund?

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  • [–] 3 points 14 hours ago

    420 blaze it. Blaze it all down.

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  • [–] 3 points 1 day ago
    [–] 4 points 20 hours ago

    Very niiiiice!

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  • [–] 2 points 11 hours ago

    That's reminds me: I need to empty the septic tank

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  • [–] 2 points 10 hours ago

    Pour one out for people's retirement savings

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  • [–] 1 point 10 hours ago

    what....a....shame....

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