this post was submitted on 10 Mar 2025
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[โ€“] cabbage@piefed.social 9 points 1 month ago* (last edited 1 month ago) (1 children)

It seems it'll sink on to 252 the moment the markets open, if I understand Yahoo finance correctly.

I don't really understand what the pre-market value is, but it seems to mean the value keeps on fluctuating even after the markets close and no stocks formally trade hands. And it looks like Tesla is going to have yet another rough day.

I don't feel bad for any of the idiots losing their money on this. They all had plenty of time to get out - if they sold after the CEO made a nazi salute they would pretty much get out on top. Whoever is a shareholder deserves anything coming for them. (Sadly that includes myself, indirectly through the Norwegian sovereign wealth fund. Bummer. Oh well, I had it coming.)

Edit: Half an hour after the markets open the stock has dropped to ~241. Lol.

[โ€“] boonhet@lemm.ee 2 points 1 month ago

I also hold some Tesla because my retirement fund consists of multiple index funds, some of which hold Tesla.

I'm good with Tesla losing value though. It hurts Elon more than it hurts me.