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All the articles about the Tesla stock dropping after March 10th were just wishcasting. (lemmy.blahaj.zone)

submitted 1 month ago* (last edited 1 month ago) by SnotFlickerman@lemmy.blahaj.zone to c/unpopularopinion@lemmy.world

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Until March 10th, the Tesla stock dropped dramatically to a low of $222.15, and the articles posted that day were reasonable. Honestly, it was lower last spring at $142.05 in April 2024. Everything after March 10th were not reasonable or reflective of reality.

As of today the stock sits at $287.99, nowhere near its peak but still overvalued as living fuck.

Yet somehow, we've had two fucking solid weeks of "Tesla stock dropping" news articles while the stock has been slowly creeping back up.

All those articles just serve as wishcasting for people who don't like Musk.

I fucking hate Musk, but what I hate more is ignoring reality around you. That's what MAGA idiots do.

I had the stupidest arguments with people who kept saying that it was rising didn't matter. Why not? He's still way up in terms of valuation from just a year ago, and it's still rising, no matter what bullshit fantasy we want to tell ourselves because we reasonably fucking hate Elon Musk.

Anyway, the stock is probably being juiced by Russia and Saudia Arabia. ¯\_(ツ)_/¯

What follows are some examples:

March 10th: https://www.cnbc.com/2025/03/10/tesla-shares-plunge-14percent-head-for-worst-day-in-five-years.html

March 17th: https://www.barrons.com/articles/tesla-stock-price-musk-ai-model-y-10b333a4

March 19th: https://www.cnn.com/2025/03/19/business/elon-musk-tesla-stock-nightcap/index.html

March 21st: https://www.axios.com/2025/03/20/tesla-musk-lutnick

March 23rd: https://finance.yahoo.com/news/tesla-stock-tanked-hard-no-161417378.html

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[–] lung@lemmy.world 4 points 1 month ago

To this day homies don't understand the simple rule that controversy sells. It powers the brand. It keeps it in the news every day. Manage a steady drip of "bad but not soooo bad" controversy and you win. Case in point: Trump

If you want something to end, get people to stop thinking about it. I suspect people just like having something to be mad about and "belong" to an ingroup of other people mad at it too

Inb4 people are mad at me for "supporting Elon" by saying the above, right? Because obviously what he's doing is so bad and evil that "how dare I" not stand up against it? Well, I hope you enjoy the ride