this post was submitted on 29 Jan 2026
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Poor Lonnie. May he cry himself to sleep on his MyPillow tonight.

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[–] xyro@morbier.foo 3 points 19 minutes ago

Finally a good news

[–] hector@lemmy.today 33 points 4 hours ago (2 children)

And let me guess, stonk went up still?

It's not about the companies, it's a gamble stock, divorced from the performance of the company.

[–] ExcessShiv@lemmy.dbzer0.com 10 points 3 hours ago

Yes, because while they had lower profits than previously, they still had higher profits than expected. This market behavior is in no way unique or limited to Tesla or "meme stocks". If a company increases profits, but less than expected, their stock usually drop despite increased profit. It's because value is tied to actual results vs. expected results on the short term.

[–] Pringles@sopuli.xyz 7 points 3 hours ago

I just checked and of course the stock went up.

[–] panda_abyss@lemmy.ca 39 points 6 hours ago* (last edited 5 hours ago) (2 children)

I honestly don't know how Musks companies work.

Tesla makes cars. Cars don't sell, so profit drops. Musk uses SpaceX to buy Teslas. Tesla's profit declines, Musk says it's an AI company, then buys AI from his other AI company, which he funded from Tesla stock. Musk buys Twitter, twitter goes down in value. Musk buys Twitter from himself using xAI, for higher than its market value, then boasts stock gains?

So now Tesla is going to buy AI from himself, and build robots that were just pantomimed guys in suits... and somehow... profit???

I don't know what the fuck is going on in this world. But I would absolutely love to see Tesla's stock drop and all of this made up debt-financing fall apart like the house of cards it is. However, Musk saying "we're making robots now" seems to have nicely papered over what should be a massive stock decline. After his last one "Tesla isn't a car company, it's an AI company" now it's "Tesla isn't an AI company, it's a factory company".

[–] pastermil@sh.itjust.works 16 points 4 hours ago* (last edited 3 hours ago) (1 children)

It's simple in its principal, really..

  • you have multiple companies
  • one company (A) have some supply for some product
  • on the other company (B), you create demand for that product (i.e. for its operation)
  • thus, under your control, you make company A and B enter a trade agreement
  • as someone who brokered that deal, you get rewarded (e.g. from brokerage fee, or commision)
  • sometimes, by having a massive increase in sales, the stock for company A would increase, thus you can sell a little bit of it, which you can later buy back after the stock price goes back down
  • profit

Some facts:

  • even though they're your companies, you are a separate entity from them, and they are each its own entity
  • the money comes from the investors as well as profit, remember that they are separate
  • no, you cannot just take all the companies' money, since even though they're yours, there are corporate structures and other people at stake preventing that

So you basically come up with some excuse for moving stuff around, then you come up with some excuse to siphon off some of that good stuff.

[–] MonkderVierte@lemmy.zip 1 points 1 hour ago (1 children)

Fuck that shit. Companies being their own legal entity was a mistake.

[–] notastatist@feddit.org 1 points 1 hour ago (1 children)
[–] MonkderVierte@lemmy.zip 1 points 6 minutes ago

If a real person would be held resonsible...

[–] Formfiller@lemmy.world 11 points 5 hours ago

He’s Elizabeth Holmes on a global scale. He grifts money from the governments

[–] phutatorius@lemmy.zip 3 points 3 hours ago

Not good enough. Must try harder to bankrult Tesla.

[–] verdi@tarte.nuage-libre.fr 6 points 4 hours ago

The market will stay irrational longer than you can maintain liquidity...

[–] Cruxifux@feddit.nl 4 points 4 hours ago (4 children)

And yet he is still gaining wealth. Needs to be stopped. With a bullet.

[–] CmdrShepard49@sh.itjust.works 3 points 2 hours ago

Is he still carrying his kid around as a human shield or has that one gotten too big and he's on to create his 15th replacement model?

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[–] kurmudgeon@lemmy.world 12 points 7 hours ago

Good, a well deserved ass-beating to the Nazi-in-chief. Fuck Elon and his company.

[–] _stranger_@lemmy.world 6 points 5 hours ago
[–] WanderWisley@lemmy.world 6 points 6 hours ago

You love to see it.

[–] IAmYouButYouDontKnowYet@reddthat.com 55 points 10 hours ago (3 children)

Everyone should be cutting Tesla, Google, Microsoft, apple, meta etc etc out of their lives as much as possible.

[–] Paranoidfactoid@lemmy.world 5 points 5 hours ago

And their portfolios.

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[–] paraphrand@lemmy.world 17 points 8 hours ago (1 children)
[–] JackDark@lemmy.world 86 points 11 hours ago (2 children)

Investors largely expected the decline in sales in Tesla’s fourth quarter and full-year results for 2025, and the company beat Wall Street’s estimates for earnings and revenue, sending shares up in after-market trading Wednesday.

Remember, this is talking about profits, not revenue. They're still making profit. They did shit profits, but it was more than people expected them to make, so shares went up. Fuck Tesla.

[–] jjlinux@lemmy.zip 38 points 9 hours ago (6 children)

Fucking stocks are like gambling. There's no rhyme or reason to them.

[–] regedit@lemmy.zip 2 points 45 minutes ago

It's worse than gambling. When gambling there's risk and reward, but bad bets are still the responsibility of the player just like bets that outperform. In stocks, if someone makes a bet and/or the company misses their expected returns, the gambler can sue the company. It's the only gambling where oops, all losses can still result in payoff for the player by fiduciary class-action lawsuit.

I played meme-stocks in 2020-21. I saw that bullshit first-hand, getting half a dozen emails after quarter misses about suing the company over their failure to meet projections. But half of those companies were just getting fucked with because of the influx of idiots like me doing silly shit with their money! I was blown away by that and suddenly started to see how fucked we were to do anything to stop the cancer that unregulated capitalism has become. Infinite growth, impossible in a finite system, is not only expected, but failure to return positive returns could be met with shareholders suing the company for line not go up high enough reasons.

It's so messed up.

[–] UltraGiGaGigantic@lemmy.ml 10 points 6 hours ago (2 children)

Welcome to the vibe based economy.

[–] GreyEyedGhost@piefed.ca 1 points 4 minutes ago

I had this exact opinion when Amazon lost less money than expected in 1999. I'm sure people had similar opinions before 1929. This isn't something new.

[–] Deceptichum@quokk.au 4 points 4 hours ago

EcOnOmIcS iS a ScIeNcE!

[–] baggachipz@sh.itjust.works 28 points 9 hours ago

Especially a meme stock like tesla

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[–] scarabic@lemmy.world 2 points 5 hours ago

Another way of saying it is that shares had already gone down because this was expected. When it wasn’t quite as bad as expected, they got a little bump back.

[–] expatriado@lemmy.world 68 points 11 hours ago (6 children)

they had profits in 2025? too many ok with buying nazi products

[–] hanrahan@slrpnk.net 2 points 1 hour ago

Suower popular in Australia, lots of we Aussies are disappointingly Nazi adjacent :(

Also very popular in Norway, Turkey etc etc

People need to get their teslas branded with a fucking swastika, Tarantino style.

[–] MagicShel@lemmy.zip 7 points 6 hours ago

I rode in a Tesla last week. Some of the tech is better than what I've experienced in other vehicles. To be fair, a lot of the controls are way worse and key functions are buried in screens and menus that are difficult to find.

I'll never own a Tesla, but I do hope the always on wireframe view of everything around you comes to other vehicles. It's way easier to see pedestrians and cross traffic in a parking spot on that screen than it is the 360 camera view on our new Traverse which is only available in reverse and for a few seconds after shifting to forward.

[–] Signtist@bookwyr.me 14 points 9 hours ago (1 children)

I've been considering getting an electric car, and have been researching good models, and I can't believe how many places are still recommending Tesla. I know the fediverse is far lefter than most other places, but I thought at the very least the general population had stopped trusting Musk and his scams.

[–] AlecSadler@lemmy.dbzer0.com 5 points 6 hours ago

I switched all my EVs over to GM-related products and, despite a variety of differences, some good some bad, I am overall happy and fine with the change.

[–] LadyMeow@lemmy.blahaj.zone 29 points 11 hours ago

Way too many, fuck that Nazi and his shit company

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[–] artyom@piefed.social 40 points 11 hours ago (8 children)
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[–] Tim_Bisley@piefed.social 29 points 11 hours ago (14 children)

Every 3rd car is a Tesla where I am. Many of which are newer models. At this point I feel like people are unable to vote with their wallet.

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[–] muusemuuse@sh.itjust.works 8 points 8 hours ago (1 children)

Yea, I’m in transition from Apple myself. I’m working on swapping out HomePods next. I have homeassistant. I have a GPU in a server in a nice cool basement. Let’s do this.

[–] iamdefinitelyoverthirteen@lemmy.world 1 points 5 hours ago (1 children)
[–] Scrollone@feddit.it 1 points 5 hours ago (1 children)

I thought we were Lemmings :(

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