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Tesla scraps its plan for a $25,000 Model 2 EV (arstechnica.com)

submitted 7 months ago by misk@sopuli.xyz to c/technology@lemmy.world

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[–] Ragnarok314159@sopuli.xyz 3 points 7 months ago (1 children)

Their stock valuation rests entirely on large entities shorting the stock, and other large entities saying “I will take that bet!”. That’s pretty much it.

[–] maynarkh@feddit.nl 6 points 7 months ago

All stock valuation rests on like three entities making numbers up, that's not the thing. The question is how long will Wall Street keep Musky boy on the nice list if he is becoming more and more visibly incompetent.