AmbiguousProps to Technology@lemmy.worldEnglish · 12 hours agoTesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wantswww.vice.comexternal-linkmessage-square106linkfedilinkarrow-up1506arrow-down19file-textcross-posted to: technology@beehaw.orgteslamotors@lemmy.zipcars@lemmy.worldCyberstuck@lemmy.caelectricvehicles@slrpnk.net
arrow-up1497arrow-down1external-linkTesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wantswww.vice.comAmbiguousProps to Technology@lemmy.worldEnglish · 12 hours agomessage-square106linkfedilinkfile-textcross-posted to: technology@beehaw.orgteslamotors@lemmy.zipcars@lemmy.worldCyberstuck@lemmy.caelectricvehicles@slrpnk.net
minus-squareFeathercrown@lemmy.worldlinkfedilinkEnglisharrow-up46·7 hours agoYou know, by stock market logic, this would mean they aren’t actually worth $800m
minus-squareGlytch@lemmy.worldlinkfedilinkEnglisharrow-up3·2 hours agoThey’re only worth what someone would be willing to pay for them. What’s the scrap value on a cybertruck?
minus-squarePieMePlenty@lemmy.worldlinkfedilinkEnglisharrow-up5·4 hours agoSimple economy actually. Supply exceeds demand, value on the market is lower. On the stock market, you can do all kinds of fuckery to gain from this.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up19·6 hours agoStock market logic, sell one cybertruck for $1m and your whole inventory is now worth 10x
minus-squarekameecoding@lemmy.worldlinkfedilinkEnglisharrow-up22·7 hours agoIf the stock market had anythign to do with logic Tesla wouldn’t be worth more than all other car manufacturers combined
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up1·6 hours agodeleted by creator
You know, by stock market logic, this would mean they aren’t actually worth $800m
They’re only worth what someone would be willing to pay for them. What’s the scrap value on a cybertruck?
Simple economy actually. Supply exceeds demand, value on the market is lower.
On the stock market, you can do all kinds of fuckery to gain from this.
Stock market logic, sell one cybertruck for $1m and your whole inventory is now worth 10x
If the stock market had anythign to do with logic Tesla wouldn’t be worth more than all other car manufacturers combined
Bag holders.
deleted by creator