this post was submitted on 06 Jun 2025
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[–] plyth@feddit.org 11 points 12 hours ago* (last edited 12 hours ago) (1 children)

Are people that stupid to overvalue Tesla that much for years or is somebody stabilizing the market rate? Somebody is playing 5D chess but it is not Musk.

[–] ansiz@lemmy.world 6 points 12 hours ago

It's because so many institutional investors own Tesla stock. Most of the big hedge funds and that kind of thing. At least that's what I've heard, but it makes sense to me.

[–] Etterra@discuss.online 40 points 17 hours ago (3 children)

I had to look it up. Pajeet is a racial slur in SE Asia, apparently.

[–] tigeruppercut@lemmy.zip 44 points 17 hours ago (2 children)

Leave it to 4chan to import all the slurs from around the world

[–] Wolf@lemmy.today 26 points 17 hours ago (2 children)

Perhaps even less surprising, this particular racial slur apparently came from 4chan.

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[–] Korhaka@sopuli.xyz 1 points 11 hours ago (3 children)

Is it actually a slur, or just a stereotypical sounding name? Because if its the second isn't it just like Barry eating his 3rd pie and chips of the afternoon with a pint of wife beater?

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You mean S Asia? India isn't exactly east...

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[–] Railcar8095@lemm.ee 9 points 13 hours ago (6 children)

He's not stupid, only suffers from drug induced dementia

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[–] GratefullyGodless@lemmy.world 61 points 20 hours ago (1 children)

Musk learned the hard way why other billionaires don't get directly involved in politics, and buy politicians instead. That way they get what they want, but let the politicians take the heat for pushing through the billionaires agendas.

The problem for Musk is that his ego wouldn't allow him to sit quietly on the sidelines calling the shots. He had to prove how smart he was, and how he was the only one who could fix the government. Now, he's pissed off almost everyone, has lost various large foreign contracts for his companies, drove sales of Tesla into the ground, and is watching Trump undo the "brilliant" governmental cost cutting that he did.

And, his ego still won't let it go, as now he's suggested he'll start his own political party. You just know the other billionaires are looking at him and going "What a dumbass!"

[–] Taalnazi@lemmy.world 8 points 13 hours ago

And still some dumb Americans will think:

"Billionnaires got a lot of wealth, so they must know what they're doing. Let them fix it."

When the actual answer is:

"Billionnaires never once worked as much as we did. They got born with a fuckton of money. Let them eat cake."

[–] Kbobabob@lemmy.world 4 points 12 hours ago (1 children)

i don't understand these figures

Lost $300,000,000 with Trump Losing billions more by the day

[–] TheOgreChef@lemmy.world 7 points 12 hours ago (1 children)

$300mil was about how much he paid to buy the election, he’s lost about $33bil in stock value of Tesla in the last few days due to the public sniping with Agent Krasnov

[–] Kbobabob@lemmy.world 2 points 10 hours ago

Ah, that makes sense

[–] Nomad@infosec.pub 31 points 19 hours ago (1 children)

Somehow nobody has mentioned the drugs? And obvious signs of mental illness? Obviously high functioning, but that does not make the decisions less nuts.

Has anybody seen the Johnny Harris video on musk? It was all fun and games until the drugs came out to play.

[–] ryedaft@sh.itjust.works 5 points 13 hours ago* (last edited 13 hours ago) (2 children)

Peter Thiel also does a shit ton of drugs and you don't see him spiralling this hard

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[–] finitebanjo@lemmy.world 52 points 21 hours ago* (last edited 21 hours ago) (2 children)

Even if he loses hundreds of billions of dollars he's still richer than like 99% of individual people worldwide will ever be.

I will save the schadenfreude for when he pays for the deaths of men, women, and children who were denied care from the USAID funds being cut.

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[–] ceenote@lemmy.world 306 points 1 day ago (25 children)

Nobody has done more to disprove the "Rich people are smarter than everyone else" idea.

[–] 9point6@lemmy.world 162 points 1 day ago (9 children)

Remember a decade ago when he was being lauded as our time's Einstein?

........ Hahahahahahaha

[–] alekwithak@lemmy.world 86 points 1 day ago (11 children)

Yeah by his own PR team, mostly, but it was a pretty easy fascade to see through when you actually listened to the man speak. Still don't forgive Dan Harmon for letting him shit on R&M with the eLoN tUsK bullshit. Or Star Trek Discovery for that matter, which happened much later after he had already shown his true face to the world. I know Harmon got paid because he's talked about it, but I would really like to know how much he spent on getting a passing reference in the least popular ST show of all time.

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[–] QueenHawlSera@sh.itjust.works 21 points 21 hours ago (3 children)

And I am proud to have called bullshit on it from day one.

Whoever leads us to the promised land isn't going to have a for profit LLC

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[–] krashmo@lemmy.world 131 points 1 day ago (3 children)

He collected data on all Americans from multiple government agencies, successfully killed multiple investigations into several of his companies, and secured additional government contracts for those companies. Is that what we're calling nothing these days?

[–] SpaceCowboy@lemmy.ca 35 points 23 hours ago (3 children)

And Trump is now threatening to cancel those government contracts. So he's blown everything he's gained (and then some) from his little fling with Trump.

[–] pi3r8@lemmy.world 51 points 23 hours ago (2 children)

That's what trump does. He threatens. Then in the majority of times he gets distracted or backs down. Those contracts aren't cancelled until they are cancelled.

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[–] Lemminary@lemmy.world 18 points 18 hours ago (1 children)
[–] Tilgare@lemmy.world 4 points 12 hours ago

Yes, this. It may be drugs, it may be mental disorder, but what it CERTAINLY is is narcissism and megalomania.

Just like every Trump voter who never thought it would happen to THEM when tornado relief was denied or they were deported or their farm was on the brink of financial collapse thanks to tariffs, Musk seems to have thought he was safe? That HE could control Trump? I knew getting these two megalomaniacs together like this would go badly, I'm just impressed it lasted so long honestly.

[–] segabased@lemmy.zip 15 points 20 hours ago (3 children)

*conservatives can't afford his cars

Had to correct it

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