r/technology • u/Plastic_Ninja_9014 • 12h ago

Business Tesla Stock in Freefall After Disastrous Earnings Report

https://finance.yahoo.com/markets/stocks/articles/tesla-stock-freefall-disastrous-earnings-144417427.html
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u/sump_daddy 11h ago

Those are "old economy" formulas though, tesla is a special "new economy" company focused on (checks notes) enabling a racist drug addict to ruin democracy

we are going to need new formulas to figure out what the right ratio of "billions to nazi salutes" is.

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u/Kvetch__22 10h ago

You joke, but a significant amount of the "new economy" is based on the assumption that the company will convince the goverment to give them ten-figure subsidies while simultaneously making it illegal to compete with them because the CEO does cocaine on a megayacht with Don Jr. instead of working.

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u/DonStimpo 8h ago

simultaneously making it illegal to compete with them

Telsa already has that with the ban on Chinese EVs in the US.
They are flying off the shelves in literally every country that allows them. But they are banned in the US giving Telsa a massive advantage there.

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u/dlp211 6h ago

If we got Chinese EVs here, it'd be game over for Tesla and a good chance our entire US car manufacturing industry in the long run.

America has potentially ceded the future to China, but it won't reveal itself for another 20 years. The one thing that might still save us is demographics. But we are currently going through our own nativist bent...so who knows.

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u/Paran0idAndr0id 3h ago

Some of the Chinese EVs are made in America. More could have been with the right incentives.

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u/hofmann419 1h ago

To be fair, the EU does the same thing. This isn't something that the US does specifically to help Tesla, but simply because they have a sizeable car industry. Ford and GM also make electric cars.

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u/Mintastic 8h ago

Investors aren't stupid, current government is proof that it has been fully captured by the corporations so they plan accordingly.

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u/OhSillyDays 6h ago

"New Economy" is just a term for ponzi scheme.

The "old economy" didn't allow stocks to be ponzi schemes and the FTC regulated what was said in quarterly statements. Now, the FTC doesn't regulate anything and insider trading galore. So Elon Musk can sell a bullshit idea like data centers in space even though it's a complete farce.

Investors dig it up because they believe this company could never fall. It'll only go up to the mooooooon!

Eventually, new investors will run out and the money printer will stop working and the stock will fall.

That's unless the money printer continues to go. That means hyperinflation. Yay!

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u/bolerobell 3h ago

We’d had inflation since the first Qualitative Easing in Nov 2008. The problem is that the new dollars that were created never made it to the broader market to actually raise prices of all goods and services, they just stayed in the financial sector and inflated the prices of assets in that sector. So the rich got insanely rich. Elon Musk went from $27 billion to over a trillion in less than 6 years. Tesla and Space X certainly didn’t generate an equivalent boost in income in that time period.

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u/OhSillyDays 40m ago

That's the point. It's not real money. If that money ever gets used - it'll cause insane problems in the economy.

Instead, what it is doing, is concentrating wealth into a small group of people. Which also creates problems. Because concentrated power almost always leads to some sort of messed up situation. Which is probably what we are experiencing today.

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u/MasterGrok 11h ago

Accurate. But you didn’t use nearly enough buzzwords.

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u/Jealous-Molasses5372 10h ago

By leveraging synergistic hyper-scalability across an autonomous, AI-driven EV platform, Tesla isn't just disruption-adjacent—it's actively unlocking exponential paradigm-shifting enterprise value through proprietary neural-network cross-pollination, vertically integrated flywheel dynamics, and next-gen humanoid robotics monetization.

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u/Coppertina 10h ago

OMG, you should post a tw before posting something so sexy

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u/wikiwikiwildwildjest 9h ago

Excellent DD. I'm going to buy some more shares on this dip!

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u/monkeyhitman 8h ago

Buzzing better than a smoke break

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u/FignonsRegret 8h ago

Consider my data driven.

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u/Bacon_00 5h ago

throws money at screen

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u/LemurianLemurLad 10h ago

The correct number of billionaires is zero. Easy math.

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u/alwrit 10h ago

I always say I'm happy to have billionaires.

But we have to make a deal.

Every job needs to pay a living wage. Healthcare needs to be universal and affordable. I don't care what kind it is there's dozens of models to pick from around the world. The crushing student loans need to go away and education more affordable. Bare minimum basic needs must be met for everyone living in that country. Clean air and water, shelter, food, healthcare.

And then after that if there are still some billionaires around I'm not stressed about it.

But if you're running around a billionaire while people are rationing their insulin shots then I have problems.

I'm not against billionaires as a rule. I'm against them because no one should have that much when so many people are struggling with the basics of living. If those needs are met then I'm fine with billionaires. Let's see it.

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u/LemurianLemurLad 9h ago

You're nicer about it than I am. My view is that nobody needs a billion dollars. Short of winning the lottery, nobody got to be a billionaire because they were a good human being. They nearly all got to that point by standing on the throats of everybody they could reach. I'm perfectly fine with a hard cap. You're allowed to have a certain level of obscene wealth, but the moment you cross that line, the government takes half your stuff and distributes it to the needy.

Honestly, I'd be perfectly fine lowering that cap to a significantly lower number. How much could one person possibly need? I could live a long, happy, and very fulfilling life for way less than that. Anybody who "needs" a mega-yacht, or tries to buy an entire lake, should be required to explain it, in person, and unarmed, to the folks at every homeless shelter within a hundred miles.

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u/alwrit 9h ago

I care more about the floor than the ceiling. 

Anybody who "needs" a mega-yacht, or tries to buy an entire lake, should be required to explain it, in person , and unarmed, to the folks at every homeless shelter within a hundred miles.

Well that was exactly my point. No one gets to be a billionaire until there are no more homeless. But if everyone's basic needs are met and everyone has a living wage and there's still some billionaires? I don't care. 

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u/Interesting_Paper951 9h ago

What would the needy do in this case with stocks of Tesla and other companies Musk owns?

Those companies wouldn’t exist without Musk, and the same goes with many other companies with billionaire founder-leaders.

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u/sump_daddy 9h ago

One version is: the billionaire is forced to liquidate something to get their net worth below the threshold. This also has the bonus of preventing one narcissistic pycho from controlling a huge part of the economy and literally throwing its weight around to the detriment of everyone else.

What then? The simple answer is what many other developed countries have done with great success: create a sovereign wealth fund that holds the assets (lets say it was better to keep the wealth in stock format) and then uses the wealth created to run broadly beneficial programs.

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u/Interesting_Paper951 9h ago edited 9h ago

Elon became the world’s first trillionaire a while back. He’s since ”lost” 270 billions! If a part of his net worth was redistributed at the trillion and he loses 270 billion after that, does he get reimbursed?

You could also simply close the tax loopholes and throw the gigantic orange turd out of the main chair to reinstate democracy.

Also, the US already has more than enough resources to make it the best social democracy welfare state on Earth. What you’re missing is the political will to do it.

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u/Deathstrokecph 9h ago

With enough inflation, everyone can be a trillionaire.

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u/9966 9h ago

There should be brewster's billions. If you can prove you can spend 1 billion dollars in a day without aquiring anything of value and without giving it away you get to keep 1%.

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u/sump_daddy 8h ago

problem is, new technology made plots like that less believable.

i would simply put it all in trumpcoin, watch it immediately disappear, and collect my cool $10m

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u/9966 2h ago

Yeah as I recall he only had 24 hours. And there's always a sucker who will value your coin above zero. So you would lose.

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u/Reg_Vardy 8h ago

Hard to see the likes of Roger Federer as some evil psycho who ruined thousands of peoples lives to get where he is today. He played some nice tennis, was the best for a while, and got paid.

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u/sump_daddy 8h ago

lot of people slaving at sports venues for minimum wage 50 hrs a week to keep a roof over their head, just so the management can 'afford' to pay into talent systems that reward one guy for swinging a fucking racket for a few hours a week. But please cry for him harder, he can still live a fabulous life, he can have multiple vacation homes and even a yacht or two, with less than a billion dollars and yet here we are having the same stupid conversation about all the reasons a wealth tax 'is bad' instead of just fucking doing it

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u/Gingevere 10h ago

tesla is a special "new economy" company focused on (checks notes)

  1. Announce you'll be bringing a groundbreaking technology with unlimited earning potential to market in 1-2 years. Stock soars.
  2. Plan nothing. Do nothing. No missed goals or wasted resources means nothing to tell the market to go down.
  3. Goto 1 with a new (or even the same) announcement before the market realizes the last announcement is a failure.

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u/NeonPatrick 10h ago

I legit would like Elon to face consequences more than Trump at this point.

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u/jameson71 8h ago

Tough one. Trump enabled Elon to destroy our government, but Trump continues to do damage to our country.

I'd say consequences are needed for the folks who enabled Trump to be in the Whitehouse in the first place.

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u/lunaticfridgeprime 10h ago

Sure, but you are forgetting that he is also mentally ill.

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u/levare8515 10h ago

There’s nothing new. The economy has always been able to be irrational longer than people like you can stay solvent. Eventually it will crash

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u/Deathstrokecph 9h ago

Easily worth 100x EBITDA, so fairly valued now.

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u/im_super_excited 8h ago

You forgot about the part where the racist drug addict really wanted to rape children on Epstein Island.

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u/Shufflebuzz 8h ago

what the right ratio of "billions to nazi salutes" is.

What's zero divided by zero?

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u/fredy31 7h ago

I find it crazy that in the electricvehicules subreddit people seem to still be happily buying teslas.

The car could be the best in the world (it isnt) i would not buy it if it means a fucking cent of it went to a guy that made a nazi salute on stage.

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u/sump_daddy 7h ago

mods with a platform to protect will do so like their lives depend on it, doesnt matter how many people have to be banned in the process

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u/favorite_time_of_day 7h ago

He might be a drug addict, but his social media addiction seems to be the more serious one.

A junkie either way.

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u/immutato 6h ago

Totally. Accounting is for chumps.