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The stock would go up today if the market price reflected that they expected the news to be worse. (The price may still reflect a reality distortion field, tho
by AnimalMuppet 2y ago
The stock would go up today if the market price reflected that they expected the news to be worse.
(The price may still reflect a reality distortion field, though. But remember, the market can stay irrational longer than you can stay solvent.)
- legitster 2y agoI think the jump is on the news that Musk is going to be spending more time as CEO again... which seems like limited relief at best at this point.
- jordanb 2y agoIt seems like Tesla has gone from being a hype-based stock to being a hopium-based stock.
- AnimalMuppet 2y agoThe hope is that if Musk is spending more time at Tesla, he can hype it more effectively?