this post was submitted on 29 Jan 2026
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Technology

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[–] 5oap10116@lemmy.world 40 points 2 days ago (5 children)

I see tesla profits down articles every day here but their stock is at an all timeish high. Whats the dealio?

[–] MadPsyentist@lemmy.nz 39 points 2 days ago (1 children)

"The Market Can Remain Irrational Longer Than You Can Remain Solvent" - Luke Skywalker

[–] 5oap10116@lemmy.world 4 points 2 days ago

Dang Luke is truly a jack of all trades

And here we see someone realizing that "the market" is just made up and it's all just gambling under another name.

[–] herseycokguzelolacak@lemmy.ml 14 points 2 days ago

Tesla is a cult.

stock market is in the k-hole

[–] IronBird@lemmy.world 15 points 2 days ago* (last edited 2 days ago)

tldr, price action overall is easily manipulated by articial selling/buying pressure alongside predictable cyclical market events, due to unique rules certain features of the US markets have. rules which the majority of the world fixed in their own markets after 2000/2008 but the US kept because those rules are specifically designed to allow for blatant price manipulation (which makes it incredibly easy for those in the know, especially wallstreet/banks to suck up $)