this post was submitted on 17 Nov 2025
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[–] Reisen@sh.itjust.works 93 points 1 day ago (4 children)

i hate peter thiel but i also hate nvidia and tesla so i hope this ends out somehow being bad for everyone

[–] buddascrayon@lemmy.world 62 points 1 day ago (2 children)

My bet is that he's trying to start a panic in the markets. That way he can clean up on a short.

[–] sp3ctr4l@lemmy.dbzer0.com 1 points 1 day ago* (last edited 1 day ago) (1 children)

I would say I am fairly sure its some kind of afinancial crime to uh, short a company you have a material position in...

But we live in 'interesting times', so... who knows!

... Maybe he had an 'interesting chat' recently, with Michael Burry.

That would be 'funny'.

[–] buddascrayon@lemmy.world 6 points 1 day ago (1 children)

I think it's cute you believe that we live in a world where financial crimes are actually prosecuted.

[–] sp3ctr4l@lemmy.dbzer0.com 3 points 1 day ago

I remember Enron being prosecuted, we did at one point at least kind of pretend to give a shit.

But uh... yeah...

[–] Agent641@lemmy.world 14 points 1 day ago

Oh, it will. Bad for everyone human.

The best case, I think, is for Nvidia and Tesla to do well in the short term (next 6 months or so) and then crash. That way Thiel and most people following his investment advice get to eat it, but the bubble doesn't stay propped up for too long.

[–] hayvan@feddit.nl 4 points 1 day ago

It will end badly for us.