I'm fine with that, if Tesla keeps sinking the S&P will have to drop it from the index.
this post was submitted on 16 Mar 2025
125 points (91.9% liked)
Showerthoughts
32553 readers
2379 users here now
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted clever little truths, hidden in daily life.
Here are some examples to inspire your own showerthoughts:
- Both “200” and “160” are 2 minutes in microwave math
- When you’re a kid, you don’t realize you’re also watching your mom and dad grow up.
- More dreams have been destroyed by alarm clocks than anything else
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- No politics
- If your topic is in a grey area, please phrase it to emphasize the fascinating aspects, not the dramatic aspects. You can do this by avoiding overly politicized terms such as "capitalism" and "communism". If you must make comparisons, you can say something is different without saying something is better/worse.
- A good place for politics is c/politicaldiscussion
- Posts must be original/unique
- Adhere to Lemmy's Code of Conduct and the TOS
If you made it this far, showerthoughts is accepting new mods. This community is generally tame so its not a lot of work, but having a few more mods would help reports get addressed a little sooner.
Whats it like to be a mod? Reports just show up as messages in your Lemmy inbox, and if a different mod has already addressed the report, the message goes away and you never worry about it.
founded 2 years ago
MODERATORS
That's the thing with americans and capitalist in general. You can't claim moral highground when your savings are tied to how much fighter jet lockheed martin is selling this year. You're just an asshole
yep! if you want to have a future in hell world, if you are invested in having a future in hell world, you are a piece of shit, and you have invested in being a piece of shit.
sorry. I didn't make it this way, I'm just not being paid enough to lie and go down on you about it.
You can buy a share or two of TSLQ to hedge against TSLA while still holding your index funds
Yes, that is how index funds work. Tesla is apart of the index so you indirectly own shares in every S&P500.
You also have indirect shares in a host of other dodgy companies like Google, Meta, Amazon, Coco Cola, McDonalds, Pepsi, Disney
A longer way of saying what OP said.
Yes, that's is how addendums work. They elaborate on what has been said to repeat what was said in a more complete manner, sometimes with examples.
Basically just defining addendums here
If it wasn't obvious I was trying to make a joke by imitating the tempo and the content of what the first comment said, but about addendums.
Not sure if the joke was conveyed correctly.
For now....
If it makes you feel better, you probably also hold a stake in their direct competition.
A lot of their direct competition is not in the S&P 500 because they are not American companies. Hyundai, Volkswagen, Toyota, Nissan, BYD, etc. American automakers let the EV market languish so long that they are only now becoming legitimate competitors in that space
Didn't know that you could own stock in antifa and Luigi Mangione
Well to buy Luigicoin, its really simple: You go to a 50501 Protest, you give in your community, you join a community network, and you try to reduce your business with Amazon and other companies helping Trump.
I'm sure there will be a Luigi coin any day now dont worry
There’s been once since last year
Most people have money in the SP500 through their 401(k), sadly.
one of the reasons isn't tanking faster, comes bundled up in many institutional accounts, retirement accounts, etc
In other words, is an integral part of our society that we’ve all collectively invested a lot of money into, for a lot of benefit.
Almost as if the cars have value beyond a status symbol or signal of political allegiance.
So you're saying a price-to-earnings ratio of ~90x over the last five years is a reasonable valuation.. when their competitors are historically closer to... 6x?
If you'd like to hold a large cap blend that doesn't include Tesla, you might like VTV (Vanguard Large Cap Value ETF). I didn't see Tesla listed in it and I really doubt it's any of the 339 companies it holds.
Sometimes you have to play the game even if you don't like it.
Shorts over the last month would have been profitable
I dont think I have to but its surely to my benefit. Classic case of greed vs values
"You gotta do what you gotta do", says the person tipping his hangman.
"I knew I could vote for the mice, but the cat had the cheese", says the mouse.
I’m too tired to manually index the s&p 499.
Or look for alternative index funds, apparently.
Or start your own. I mean this entire thread is just reeking of obvious demand for a very easy to administer mutual fund
And also in the oil giants, which are far worse for the world than Tesla.
I’m going to have to disagree with you there. I might have agreed with you during the last American presidency, but at this point Tesla is a catalyst for fascism.
Why is the car company the catalyst? I’m seriously asking, not trolling. Is the boring company and space x also?
The vast majority of Musk's wealth is in the form of Tesla stock.
It’s a major supporter for Musk, allowing him to fund things via loans against stock. Not sure how much SpaceX pays Musk (I don’t think it’s a public company?)
I don’t know much about boring
If this bothers you, you can short an amount equivalent to your index fund’s holding. But you’d have to track and maintain parity against the proportional allocation of the index fund as Tesla’s market cap changed and you invested more into the index.
I’m not sure that works. I was under the impression that shorts were fixed-term contracts and the index funds holdings are longs.
You can’t “borrow” somebody’s long and sell it and then just… not return it. You are also (IIRC) paying a premium to be able to borrow the stock to sell.
American is kind of a central point for the market. Sure there are plenty of non American exchanges but if you want to do business with the "big boys" it is in New York.
For now anyhow...
One of the reasons I prefer something like the Russell 2000