• rbn@sopuli.xyz
    75·
    9 months ago

    Not sure if it’s adequate to list Tesla next to the Dow Jones, S&P 500 and Nasdaq as if they were equally important for the economic situation of the country. Tesla historically skyrocketed and plummeted several times. It’s more a meme stock IMHO than a representative indicator of stability.

    • mosiacmango@lemm.ee
      106·
      9 months ago

      Walz has been specifically mocking Tesla’s stock plummet these past few months. Hes not saying they are equally important, hes just using this to taunt Musk.

      A 1 day 10% drop is a gut punch worth mentioning. Being a meme stock means that the only thing holding it up is the idea that it will always go up. When the meme fades and it has to compete on fundamentals, a car company missing sales targets by 13% in one quarter ain’t gonna do it.

      • rbn@sopuli.xyz
        7·
        9 months ago

        Thanks for clarification. Still, looking at the Tesla chart similar upward/downward movements happed several times. It doesn’t appear that special to me for that stock.

        And yes, Tesla is not the same category of meme Stock as Gamestop. Still, compared to other stocks, the development of the share value is far less dependend on the operative success of the company. It feels more like a Musk stock that’s influenced by news and tweets around his person going back and forth between hype and desaster.

        • WuceBrillis@lemm.eeEnglish
          11·
          9 months ago

          It’s a little special. The CEO of GameStop didn’t turn every rational thinking person against him.

          The only people still supporting Elon cant afford his car. So they can buy the stock just to have the stock, but that wont be enough to save things for them.

          People will stop buying Teslas. If not anything else, they will stop buying Teslas because they are tired of buying new Windows.

          • Whats_your_reasoning@lemmy.world
            2·
            9 months ago

            If not anything else, they will stop buying Teslas because they are tired of buying new Windows.

            Did autocorrect capitalize “windows,” or does Windows 11 installation come with a free cybertruck now? They’re both essentially spyware, so I guess the pairing works.

            • bitchkat@lemmy.worldEnglish
              1·
              9 months ago

              The model 3 is a rock magnet. I think I’ve had my windshield replaced 5 or 6 times in 6 years.

    • UnderpantsWeevil@lemmy.worldEnglish
      5·
      9 months ago

      Not sure if it’s adequate to list Tesla next to the Dow Jones, S&P 500 and Nasdaq as if they were equally important

      Tesla is 2.4% of the entire NASDAQ market cap and serves as a significant chunk of financial portfolios across the banking sector. Hugely influential company, even before you get into how it’s revenues prop up Starlink and Twitter.

      Changes in the Tesla price have big downstream impacts on bank liquidity, future demand for computer hardware, and pension performance. It quite literally moves markets.

  • katy ✨@lemmy.blahaj.zone
    42·
    9 months ago

    white misogynists suck so bad because we could have had four years of a great economy and dad jokes by tim walz along with the entire walz family in the white house. :(

    • TheFriar@lemm.ee
      13·
      9 months ago

      This narrative needs to die. Harris retained more male Biden voters than female Biden voters. The DNC forced a candidate through again—a candidate, mind you, that couldn’t even get traction in the last primary—without letting us choose them, they bungled the entire Biden situation by hiding his declining faculties, and when they choose their candidate for us to swallow? They add a heaping dose of the fucking cheneys as if that’s going to help their cause. They once again keep shifting to the right instead of listening to the massive calls for more progressive policies, and then when they fucked it up so royally they couldn’t beat the most unpopular president in history who was outright saying he was going to be a dictator, they go on the news and say it’s because they were “too progressive.” Not to mention the massively undercounted and overlooked Palestine issue that turned off so many voters. And then they have the gall to say it was because of misogyny. Gtfoh

      • GoofSchmoofer@lemmy.world
        5·
        9 months ago

        shifting to the right instead of listening to the massive calls for more progressive policies

        My thought is that the center-right Democrats that hold power in the federal government saw what happened to the center-right Republicans when MAGA took over, the centrist lost power to the more right leaning politicians. If the centrist Democrats do the same they will lose power as well. So their strategy has been to ignore and undermine the more left leaning policies and candidates so they can stay in power longer.

  • index@sh.itjust.works
    11·
    9 months ago

    A tweet from a genocide supporter is not the kind of content i would like to see on lemmy frontpage. There are a thousand smarter people calling out trump for his shit, share and upvote better posts.

          • UnderpantsWeevil@lemmy.worldEnglish
            3·
            9 months ago

            Cause letting Trump into office DEFINITELY stopped the genocide.

            Tanking the US economy and obliterating our relationships with Europe, Asia, and Latin America has definitely put a damper on things.

            Getting Japan and Korea on board with a China war is pretty much off the table, now. We’re not going to have bases in Europe to project our power into Africa or the Middle East. That makes reinforcing Israel increasingly difficult, which exposes them to retaliation and threatens their ability to genocide Arabs in and around the Suez.

            This could be the beginning of the end of America’s genocidal occupation of the region.

          • sugar_in_your_tea@sh.itjust.works
            1·
            9 months ago

            To be fair, both major candidates had essentially the same position on Israel and Gaza. If you were a single issue voter on Israel/Palestine, they’re equivalent.

            So supporting either major candidate has the same level of “genocide support.”

        • CMonster@discuss.onlineEnglish
          6·
          9 months ago

          Looks like the genocide is going strong? How did not voting work out in regards to improving their circumstances?

    • Railcar8095@lemm.ee
      18·
      9 months ago

      Lemmy is great in the sense that you can bock users, communities and even whole instances. If you want, you can even create your own instance and defederate from anybody you don’t like until you have your own tailor made echo chamber. I’m case you’re interested.

    • UnderpantsWeevil@lemmy.worldEnglish
      14·
      9 months ago

      Unfortunately, we have two Pro-Genocide parties in the United States and no allowed alternatives.

      You either throw your full, unequivocally support behind the better blood drenched imperialist atrocity machine or you must be implicitly endorsing the worse one.

      • prole@lemmy.blahaj.zone
        4·
        9 months ago

        You either throw your full, unequivocally support behind the better blood drenched imperialist atrocity machine or you must be implicitly endorsing the worse one.

        This is not a thing.

  • Sam_Bass@lemmy.world
    10·
    9 months ago

    What is most unbelievable about it is that none of the House or Senate members are even flinching to impeach him

  • assassinatedbyCIA@lemmy.world
    7·
    9 months ago

    Only thing is the stock market shouldn’t equal the economy. Many people suffered and continued to suffer during the rise of this asset bubble.

  • sharps9@lemmy.world
    6·
    9 months ago

    What’s with the shilling for this clown? He’s a corporatist establishmentarian endorsed by DICK CHENEY.

    TIM WALZ SUCKS

    • Suite404@lemmy.world
      10·
      9 months ago

      You’re going to have to give a source. Because everything I see shows he’s pro-union and unions love him. Plus his state is one of the best for workers rights.

        • Suite404@lemmy.world
          2·
          9 months ago

          Thanks for the follow up. That’s really unfortunate. I hope he listens and backs down on that.

          • buddascrayon@lemmy.world
            1·
            9 months ago

            I’ve said it before and I’ll say it again. These so-called liberals are great on unions until they have to deal with one in good faith. Then all of a sudden it’s shocked Pikachu “Why are you not capitulating to us?” attitude from them. We saw it in Biden when he had to deal with the rail workers. They got shafted so unbelievably hard by the deal he “worked out” with them it’s not even funny. They think just because they pay us lip service they can get whatever they want out of a union.

            • Tar_Alcaran@sh.itjust.works
              1·
              9 months ago

              Ok but, this isn’t anti-union, this is doing something union don’t like.

              There’s a world of difference between dismantling the very concept of a union (what conservatives love to do), and just doing something that doesn’t benefit workers, which makes unions speak up against it (what all the rich love to do).

  • ZombiFrancis@sh.itjust.works
    3·
    9 months ago

    I wonder if rescinding telework agreements has boosted Minnesota’s economy? I still don’t get that decision and I don’t think any amount of tweet bangers anout Trump is going to improve that reality.