Elon Musk's Tesla and SpaceX are having a brutal July. Meanwhile, Apple is quietly having its best month in four years.
  • Buffalox@lemmy.worldEnglish
    271·
    2 days ago

    SpaceX, Tesla, Alphabet, Micron, Nvidia and Amazon all in red for July!?

    IDK if the AI bubble is bursting now, but it seems like the hunger for AI heavy stock is cooling off.
    I don’t think it will be too long before hardware prices return to normal, it could be within a year or two.

  • speaksintv@lemmy.worldEnglish
    8·
    2 days ago

    Now f’elon seems to be ramping up the boring company as the next round of “ipo my company and use Tesla (and now spacex) to buy its shares.”

    • FireWire400@lemmy.worldEnglish
      1·
      20 hours ago

      You mean the company that literally hasn’t done anything apart from selling a novelty flamethrower once?

      Edit: I forgot about The Loop… what fantastic thing that was