Man, I kind of hate the stock market. Apparently, everyone just assumes that the guy was doing illegal things, and only because there’s now a chance that someone might actually check, that’s why we stop giving him money to fund that.
Criminal = invest
Criminal + law enforcement = pull outThere should be a rule that shareholders get fined as well whenever a company they invested in gets fined for breaking the law. Then maybe investors will be a bit more responsible in deciding who to invest in.
Own 0.0001% of the company shares? Pay 0.0001% of that 250 million dollar fine.
It’s got a long way to go still before it reflects reality.
Tsla has a PE of 380 with YoY degrowth over multiple years and no prospects of growth.
another 150K in Europe. In the same period BYD sold about 3 million EVs. Last MONTH (October) BYD sold 500K EVs.
Surely an epic memelord like Musk would be all over it being 420.
Very niiiiice!
So this is what they mean by ‘you will get tired of winning’.
So far…
Oh no!
Anyway.
:weed:
