- cross-posted to:
- BoycottUnitedStates@europe.pub
- enoughmuskspam@lemmy.world
- cross-posted to:
- BoycottUnitedStates@europe.pub
- enoughmuskspam@lemmy.world
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I have to be honest, as someone who is not fully immersed in the financial markets, the chart pattern reading kinda strikes me as astrology for guys in suits.
I feel this deep in my bones
the dreaded “death cross,” a historical indicator of a likely downturn for the company
[…] occurs when a company’s 50-day moving average crosses and drops below the 200-day average.
Fuck Tesla and all that, but holy shit is that standard ever a depressing indicator of to just how reliant late stage capitalism is on endless growth that a tiny dip after half a year of stagnation is a reliable indicator of a company’s imminent failure.
No such thing as a death cross for a company that is now embedded at the highest level of the federal government. Don’t get too excited, ass hat and the swasticars aren’t going anywhere. If you havent dumped your Tesla yet, get fucked at this point.
There is only so much they can do to prop it up. If noone is buying them, and noone wants the stock, its going to go down short of the govt literally buying the stock and handing it over to musk.
That unfortunately would not surprise me. How sad.
Tesla could literally never sell another car again, and it wouldn’t matter as long as people continue to buy the stock.
It’s been wildly over priced for a very long time, so clearly the people who are keeping it afloat aren’t interested in whether the company is actually profitable or not.
I would like to remind everyone, as people seem to keep forgetting, Tesla means nothing to Elon. It could go to zero and it wouldn’t affect him.
Twitter, or X, means nothing to Elon. It could collapse and shut down and it wouldn’t affect him.
SpaceX is his baby. Nothing even comes close. Starlink alone guarantees he will always be one of the richest men in the world.
No, he cares for Twitter.
SpaceX lets him pretend he’s some great tech genius, but Twitter is what gives him the validation he craves. All the pro-Elon bots and stans there who fellate him feed his narcissistic desire to be loved.
That’s why he “sold” Twitter to xAI. So if Tesla does tank hard enough and he gets margin called, he can’t be forced to sell Twitter to cover it.
If Elon is such a genius, let’s see him stream Kerbal Space Program. I would love to see him get to Mun and back.
Given his track record with real rockets and real rocket scientists, I would consider it a win for him to make it off the launchpad and back in one piece. 😂
Now this is a stream I would enjoy watching. I have the KSP platinum on PS4, I know exactly how difficult this is.
In fact, since it’s his big fantasy, let’s see a Duna return trip.