AmbiguousProps to [email protected]English • 2 months agoTesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wantswww.vice.comexternal-linkmessage-square266fedilinkarrow-up11.02Kcross-posted to: [email protected][email protected][email protected]
arrow-up11.02Kexternal-linkTesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wantswww.vice.comAmbiguousProps to [email protected]English • 2 months agomessage-square266fedilinkcross-posted to: [email protected][email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish69•2 months agoYou know, by stock market logic, this would mean they aren’t actually worth $800m
minus-square@[email protected]linkfedilinkEnglish37•2 months agoIf the stock market had anythign to do with logic Tesla wouldn’t be worth more than all other car manufacturers combined
minus-square@[email protected]linkfedilinkEnglish9•2 months 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-square@[email protected]linkfedilinkEnglish24•2 months agoStock market logic, sell one cybertruck for $1m and your whole inventory is now worth 10x
minus-square@[email protected]linkfedilinkEnglish11•2 months agoThey’re only worth what someone would be willing to pay for them. What’s the scrap value on a cybertruck?
You know, by stock market logic, this would mean they aren’t actually worth $800m
If the stock market had anythign to do with logic Tesla wouldn’t be worth more than all other car manufacturers combined
Bag holders.
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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
They’re only worth what someone would be willing to pay for them. What’s the scrap value on a cybertruck?