• OsrsNeedsF2P@lemmy.ml
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    5 hours ago

    It’s depressing how much headlines can deceive. This is /r/politics all over again, with the most “technically true” statements that get people excited but the results you expect from reading the headlines will never come

    • SolidShake@lemmy.world
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      3 hours ago

      hey. stocks do NOT reflect profit. a stock is not what makes money it’s just a share % of the company/investment. just because stocks go up does not mean a company is making profit. there is a HUGE difference! please understand that, thank you.

    • Th0rgue@lemmy.world
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      5 hours ago

      Tesla stocks skyrocketed when Musk looked like he was unoficially elected as the new president. Now that he’s got all the files he needs via Doge and he’s backing out, they went back to normal growth.

      • leadore@lemmy.world
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        4 hours ago

        Tesla’s stock price going up or down is a completely different matter than company earnings. The report is on their actual company profits, which are down 71% – meaning they aren’t selling as many cars. That’s a big deal. Let’s keep making sure that owning a Tesla becomes completely socially unacceptable.

        Tesla reported lower than expected earnings on Tuesday, with first-quarter profits dropping 71% on much lower sales of electric vehicles.

      • iridebikes@lemmy.world
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        4 hours ago

        The issue is less that they’ve returned to normal growth and more that they have lost countless future sales. This is only the beginning of Tesla’s woes.