- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Considering the pickup EV has been an enormous commercial flop, only selling barely a fraction of Musk’s promised 250,000 to 500,000 Cybertrucks a year, there’s a good chance Tesla is using the mercurial CEO’s other venture to boost the numbers ahead of the end of an otherwise disastrous year.
You must log in or register to comment.
It’s been awhile since I took accounting, but this looks like they are setting up a transfer pricing fraud.
Anybody that even indirectly gives any resource to these companies is being had
Wash trading at its finest.
Unfathomable and 1000-2000 are quite different… especially when talking about 250,000
Elon is running the biggest Ponzi in history, financing on financing and counting both as the total. Eventually he won’t be able to keep shuffling assets around and counting both, they will all collapse with nothing left and everyone will be shocked pikachu despite it being obvious.
Elon is running the biggest Ponzi in history
after Nvidia and Open AI.
Elon is running the biggest Ponzi in history
it’s a bigger ponzi than nvidia?
That’s a creative use for the state handout that he receives for spacex, propping up the shareholders.
Ah, the AI business model…
He literally already did something like this with tesla and solar city. There was a court case and everything but musk won so it’s no suprise he’s doing it again.
60m settlement. Technically a loss, but a slap on the wrist and a drop in the bucket as far as I’m concerned so I won’t argue that it wasn’t a win.
I can’t believe this fucking court system.
https://www.pv-tech.org/delaware-judge-approves-us60m-settlement-for-tesla-shareholders-aggrieved-b/
Once you have enough money winning a court case is indistinguishable from losing one.
If the penalty for a crime is a fine it is only illegal for poor people.
once you have enough money, laws don’t apply to you anymore. You just get inconvenienced by pocket change level “fines”
Ahhh I thought he straight up got charges dismissed my bad. But yeah $60 million for elon is a slap on the wrist, or “cost of doing business”
No need to apologize. You were quite correct. Lol
Nothing is based on supply and demand anymore. The “market” no longer makes corrections. It’s all manipulatable fuckery and the elite still wants you to believe that the stock market is stable. The big bubble burst will be money, and how it’s abused/misused, not AI.
K-shaped economy and all
They’ve made it so you will be left behind economically if you don’t slave for SP500 shares
eh, the SP500 is just the slot machine meant to real people in
real $ is on learning what individual tickers are really worth and trading on that
bubbles like this are basically just milking pensioners and whatnot who buy into the system mindlessly, when enough buy in and there’s a catalyst to get peoples eyes on the screens (imo, trump finally croaking) so they can sell into it profitability the algo’s switch to dumping, which’ll then cause mainstreet to panic sell seeing half their retirement vanish overnight
It’s more than a slot machine, it’s the primary beneficiary of all the bad fiscal policy and wealth concentration. That and real estate. All the cool kids are hoarding it! Giving them selves cool loans based off the cool valuations they cooked up. Bond market is imploding and taking cash with it. Great time to buy SPY
but…considering the state of US labor/left, realistically crashes like they’re setting up now are the plebs best bet on actually capturing some of that wealth for themselves, it’s that or you jump like a monkey (sports) or record your misery (various arts) and hope your pain/suffering is entertaining to them.
Money laundering?Stock boosting, same difference.Operation Self Gluck
From one pocket to another…
Someone has to buy them to keep the stock propped up.
with the rules US market makers work under, not really. they get wide leeway in price manipulation when things are “volatile” to “facilitate liquidity”.
add on the fact the US still hasnt made short selling illegal like most of the rest of the world did after 2000-2008, and the selling pressure to trigger these volatility thresholds can still be faked easily too
So even the cleaners at SpaceX are getting company cars?
No. That costs money. They sit in a parking lot and rot.
Which is strange, because Tesla is supposed to have a build to order business model only. Yet, the local mall near me has >300 Teslas rotting in the parking lot.
Time for another Margot Robie explanation.
A cybertruck bubble you say??
A bubble? In 2025?! Inconceivable!
