@return2ozma to Not The OnionEnglish • 1 month agoKanye West on X: ‘Elon Stole My Nazi Swag’www.rollingstone.commessage-square67arrow-up1331arrow-down18cross-posted to: news
arrow-up1323arrow-down1external-linkKanye West on X: ‘Elon Stole My Nazi Swag’www.rollingstone.com@return2ozma to Not The OnionEnglish • 1 month agomessage-square67cross-posted to: news
minus-square@[email protected]linkfedilinkEnglish0•29 days agoWhat do you think drives the stock price?
minus-square@[email protected]linkfedilinkEnglish0•29 days agoTesla is valued more than every other car company combined, but they sell a fraction of vehicles. You tell me what drives the stock price, it’s sure as shit not sales.
minus-square@[email protected]linkfedilinkEnglish2•29 days agoNo they’re not, Tesla has a market cap of 1.13 trillion, and don’t just make vehicles, BYD alone is worth 776 billion. Toyota is around 250 billion. They’re big, but not “half the automotive industry” big.
What do you think drives the stock price?
Tesla is valued more than every other car company combined, but they sell a fraction of vehicles. You tell me what drives the stock price, it’s sure as shit not sales.
No they’re not, Tesla has a market cap of 1.13 trillion, and don’t just make vehicles, BYD alone is worth 776 billion. Toyota is around 250 billion.
They’re big, but not “half the automotive industry” big.