This feels like wishcasting. As long as they can fake their numbers, I guess it doesn’t really matter because nobody calls anyone out on anything.
Tesla’s stock price seems unaffected by Musk bullshitting the most recent earnings call, or not enough to matter. Its still above $400 a share and this is after he finally admitted current hardware can’t actually do FSD.
The market is full-on irrational and invested in being irrational. Capital always aligns with fascism in the end. They will believe the bogus metrics fed by these companies for their “engagement.” The same people who fell prey to Elizabeth Holmes can’t see that all those profiles on Facebook and X are AI generated and automated.
I got into an argument tonight with someone. They tried to argue against my comment. “The entirety of the stock market is speculation”. They didn’t get very far.
I was trying to explain exactly this to them. The market is irrational and wrong.
@SatanClaus@SnotFlickerman
There’s a big hand in all capital markets.
All the wealth in the world is in the hands of a few people
When investing in stocks, we tend to focus on the interest returns, but the big capitalists focus on our capital.
This feels like wishcasting. As long as they can fake their numbers, I guess it doesn’t really matter because nobody calls anyone out on anything.
Tesla’s stock price seems unaffected by Musk bullshitting the most recent earnings call, or not enough to matter. Its still above $400 a share and this is after he finally admitted current hardware can’t actually do FSD.
The market is full-on irrational and invested in being irrational. Capital always aligns with fascism in the end. They will believe the bogus metrics fed by these companies for their “engagement.” The same people who fell prey to Elizabeth Holmes can’t see that all those profiles on Facebook and X are AI generated and automated.
I got into an argument tonight with someone. They tried to argue against my comment. “The entirety of the stock market is speculation”. They didn’t get very far.
I was trying to explain exactly this to them. The market is irrational and wrong.
@SatanClaus @SnotFlickerman
There’s a big hand in all capital markets.
All the wealth in the world is in the hands of a few people
When investing in stocks, we tend to focus on the interest returns, but the big capitalists focus on our capital.
Tesla price is irrelevant considering it’s fully an inflated meme stock.
Isn’t Tesla business profits down like 80 percent when adjusting for the ev credits and Bitcoin sales?