• shalafi@lemmy.world
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      4 days ago

      Investors and fund managers know damned well they’re holding a swelling water balloon. As with the AI bubble, they’re trying to ride the tiger and bail at the last minute. Problem with riding a tiger is you can’t really get off without getting chewed up, hence the saying.

    • Rimu@piefed.social
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      4 days ago

      Yeah my first read of the headline got into my brain as “Tesla stock tumbles nearly 50% in October” which made a lot of sense.

  • ikidd@lemmy.world
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    3 days ago

    10 months of massive sales declines in a market that’s flocking to EVs. And their share price doubles in that period of time. Totally rational.

    • SaveTheTuaHawk@lemmy.ca
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      2 days ago

      But now that his PP no work, he can concentrate his Super Genius on the next big thing.

      1. The Intercontinental Squirrel Highway

      A $400-billion network of tiny suspension bridges, zip-lines, and roundabouts allowing squirrels to travel from Vancouver to Miami without ever touching the ground.

      1. The Global Cloud-Shaping Initiative

      A trillion-dollar orbital laser array whose sole purpose is to sculpt clouds into nicer shapes—dragons on Mondays, inspirational thumbs-up on Fridays.

      1. The Moon-to-Earth Water Slide

      A 384,000-km water slide starting on the Moon and ending in Bermuda.

      1. The Self-Petting Zoo

      A $75-billion facility where robotic animals pet you. Features include:

      The Comfort Cow™

      The Encouragement Goat™

      1. The Great Global Slushy Pipeline

      An insulated pipeline system transporting free slushies to every city on Earth.