It is going up. But why?

  • Dr. Bob@lemmy.ca
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    8 days ago

    1.4 billion missing from balance sheet. Stock goes up.

    Every cyber truck in North America recalled. Stock goes up.

    Tesla banned from Canadian EV rebate program due to evidence of institutionalized fraud. Stock goes up.

    No idea what’s going on.

    • VitoRobles
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      8 days ago

      It’s called market manipulation!

      They did it with crypto. They did it with NFTs. They did it with stocks. They’re doing it again with stocks.

    • Takumidesh@lemmy.world
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      8 days ago

      The stock went down already when all the insiders learned about these risks and scenarios months ago.

      Now it’s bouncing around because the derivatives market capitalizes on volatility.