SpaceX bought over 1,000 Cybertrucks from Tesla, a number that could rise to 2,000 over time, according to Electrek.

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.

    • IronBird@lemmy.worldEnglish
      4·
      10 days ago

      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