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From an outside perspective, it feels wrong that the goal isn't higher earnings but a higher stock price. They don't care about actually creating value, just ke
by amanaplanacanal 1y ago
From an outside perspective, it feels wrong that the goal isn't higher earnings but a higher stock price. They don't care about actually creating value, just keep inflating the bubble and you're golden.
- next_xibalba 1y agoThere are multiple milestones. Earnings is one of them. So it's actually even harder than just an earnings target.
- LanceH 1y agoIf a trillion dollars is on the line, could the stock be manipulated to be higher than that for less than a trillion?
- 3eb7988a1663 1y agoOther private Musk companies (SpaceX and xAI) just bought fleets of Cybertrucks. One may wonder what exactly they would do with so many vehicles other than boost Tesla's share price.
- palmotea 1y agoThey need them for the Mars colony, duh. You can't drive a gas car on the moon.
- oskarkk 1y agoMusk's companies buying hundreds or thousands of Cybertrucks is of course good for Tesla, but the impact on finances (and the stock price) should be minimal. Tesla has the capacity to make ~30k Cybertrucks/quarter, and it seems they sold only ~5k of them in Q3. So unless these companies would buy thousands of them per month, it's nothing.
- Zigurd 1y agoCould TSLA be manipulated? With a priced earnings ratio of 300, the question is: how much more manipulated? How about all of the other fashy tech bros with ridiculous valuations in public and private companies?
- ahaferburg 1y agoWelcome to the West? It's been like this for a while now here.