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Tesla sales drop for fifth month in a row in Europe

(abcnews.go.com)
152 points doener | 5 comments | 29 Jun 25 21:50 UTC | HN request time: 0.618s | source
1. afh1 ◴[29 Jun 25 22:13 UTC] No.44416998[source]▶
Yet the stock refuses to go down from a PE of almost 200, to the dismay of my options play... :-)
replies(4): >>44417015 #>>44417028 #>>44417233 #>>44418064 #
2. vladd ◴[29 Jun 25 22:15 UTC] No.44417015[source]▶
The market can remain irrational more than you can remain liquid.
3. fancyswimtime ◴[29 Jun 25 22:15 UTC] No.44417028[source]▶
no crying in the casino
4. heavyset_go ◴[29 Jun 25 22:37 UTC] No.44417233[source]▶
It's a meme stock, fundamentals don't matter, just vibes.
5. llm_nerd ◴[30 Jun 25 00:51 UTC] No.44418064[source]▶
Which is precisely why the company cannot split with Elon, and people who think it will are deluded.

Elon has a very loose association with truth, in a manner that usually yields long prison sentences. For many years he has been engaging with what could accurately be called securities fraud, and there is always some amazing new mega revenue stream just around the corner. If Tesla fired Elon (in an imaginary world where he didn't control the board), any competent hire would have to seriously say ooof and point out all of the mega risks the company faces. With Elon it's all magic and fairy tales and soon a trillion super robots and robotaxis to Mars and...