How can Tesla stock be rising when the company is posting truly disastrous sales results?
https://www.barrons.com/articles/tesla-stock-doge-sales-trade-04faed6c
The stock should not be rising if there is any relation between stock markets and economic fundamentals.
But when the stock markets are a speculative bubble holding up the US economy, when Tesla and the MAG 7 are all that is left to simulate a thriving economy, then some actors are going to do all in their power to keep the bubble from bursting for as long as they can.
When the dot com bubble burst, shares lost 80% of their value.
If Tesla shares start to plummet, they make take down Nvidia. chip supplier to Tesla, Mag 7 and the stock market....
Buying shares only because they are seen as an investment which is always bound to rise due to stock market manipulation is an obviously flawed Ponzi scheme.
At some point, the gap between the ever rising share price and the economic fundamentals cannot be hidden even when there are no earnings per share or dividends paid out by companies.
From media
This comes on the heels of Tesla reporting its first drop in annual sales for 2024, and the biggest drop in quarterly global sales in history during the first quarter. That resulted in net income falling 71% in the quarter. Tesla had to rely on the sale of regulatory credits to legacy automakers in order to report any profit at all.
https://edition.cnn.com/2025/05/06/business/tesla-sales-plunge-europe-musk
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