this post was submitted on 03 Apr 2025
501 points (98.1% liked)

Anticonsumption

547 readers
31 users here now

founded 2 years ago
MODERATORS
Sibbo@sopuli.xyz
501
Elon Musk Loses a Billion Dollars Every Time the Tesla Stock Drops by $2.43 (www.ibtimes.co.uk)
submitted 2 days ago by CowsLookLikeMaps@lemmy.ca to c/anticonsumption@slrpnk.net
39 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] oo1@lemmings.world 2 points 1 day ago

That graph is YTD, not 12M. It's lower than it was in Jan 2025. But not Nov 2024.

TBH both of these graphs are short term, if this is a very hyped stock it's hard to say what is overvaluation or undervaluation or overcorrection, or how big or prolonged any "overshooting" might be. See where it is this time next year maybe.