• givesomefucks@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    8 hours ago

    their stock will go down because people don’t like buying stocks in dying companies.

    Stock price is whatever people are willing to buy it for

    Rational investors base that on stuff like you’re talking about.

    A lot of Tesla investors don’t value the price of Tesla stock on company performance, they just like Musk and when price drops they buy more.