RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 18 hours agoTesla and SpaceX lose over $420B in combined market cap in the two dayswww.cnbc.comexternal-linkmessage-square22linkfedilinkarrow-up1169arrow-down12file-text
arrow-up1167arrow-down1external-linkTesla and SpaceX lose over $420B in combined market cap in the two dayswww.cnbc.comRSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 18 hours agomessage-square22linkfedilinkfile-text
minus-squareHyperion@midwest.sociallinkfedilinkEnglisharrow-up5·3 hours agoTesla has always been more hype that substance. Use Toyota as an example. Toyota has significantly higher income, profits, assets, equity, cars sold etc (it’s not even close) but even right now Tesla has a market cap that is over 5 times higher.
minus-squareMalica@lemmy.ziplinkfedilinkEnglisharrow-up3·2 hours agoVibe market in action. Investors were banking on musk raiding the treasury.
Tesla has always been more hype that substance. Use Toyota as an example. Toyota has significantly higher income, profits, assets, equity, cars sold etc (it’s not even close) but even right now Tesla has a market cap that is over 5 times higher.
Vibe market in action. Investors were banking on musk raiding the treasury.