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Re:xAI has acquired X, xAI now valued at $80B by selectodude on Friday March 28, 2025 @10:29PM (#43512201)
Markets are plenty efficient. They’ve just lit billions of dollars on fire that used to belong to people stupid enough to believe in Elon Musk.
Re:xAI has acquired X, xAI now valued at $80B by riffraff on Friday March 28, 2025 @11:34PM (#43512496)
Tesla is still worth something like a forward PE of 90 and a trailing PE of 130, among plummeting sales and market share.

It's still wildly overvalued, and at it's unclear how long the market will stay irrational.

Re:xAI has acquired X, xAI now valued at $80B by Epa095 on Saturday March 29, 2025 @04:09AM (#43513707)
It's so hard to make predictions of Teslas value in today's political system! Musk is very very close to power, and it's impossible to say how that will play out. Will Tesla be the only car company without 25% tariffs? Will the government spend billions to buy Teslas? Or will Tesla die and Musk live of space-X?
Re:xAI has acquired X, xAI now valued at $80B by psd1 on Saturday March 29, 2025 @12:15PM (#43516591)
He's not "close to power". He's cutting your nation into shreds, unopposed.
Re:xAI has acquired X, xAI now valued at $80B by AnthonyMouse on Saturday March 29, 2025 @04:15AM (#43513734)
Megacorp market valuations are extremely bizarre because they're in a sense self-fulfilling. If your company has a market cap in the hundreds of billions of dollars then it has lower capital costs than competitors. If you want to build another factory, you're paying less in interest. Which means you can undercut the competition on price, or expand into grid storage or data centers etc.

Obviously you then have to actually do those things before the value crashes, so whether it works or not depends on whether investors continue to expect you to.

Re:xAI has acquired X, xAI now valued at $80B by daveguy on Saturday March 29, 2025 @11:44AM (#43516395)
Ahhh, I dunno, musk is pretty good at fucking his own companies with Nazi salutes and wreckless incompetent destruction. Doesn't really take any big bad media to see what a fucknut musk is.
Re:xAI has acquired X, xAI now valued at $80B by AnthonyMouse on Saturday March 29, 2025 @06:40PM (#43519373)
The media is the thing that characterizes it as "Nazi salutes" and "wreckless incompetent destruction".

The guy is an eccentric with autism, not an angel or the devil. He's not always right. But everything is so polarized right now that people are barely willing to concede that it's possible for someone to be right some of the time.

Teslas have the positive characteristics that they don't run on petroleum and have good safety ratings. They have the negative characteristics that they have privacy issues and you can't get parts or documentation to fix them yourself. A strong heuristic to tell if someone is using motivated reasoning is if the thing they're complaining about is an unrelated political hot button well-known to produce outrage (e.g. allegations of somehow simultaneously secret and open fascist ideology) as opposed to a way they're actually screwing someone illegitimately but in a way that doesn't cause most people to experience an immediate visceral response (e.g. mass surveillance, right to repair).

You can also tell it's that when the target is actually doing a bad thing, but the people objecting only care about the target and not anyone else doing the same thing. This is extremely common with corruption allegations. All corruption is bad, you need systems in place to constrain government officials from bilking the taxpayer, but this is a process problem where you need stronger checks and balances to prevent the government from transferring money to cronies, not a "we need to somehow elect only infallible humans" problem where what people actually mean is that they just want their guy to get in so the money goes to their cronies instead.

Re:xAI has acquired X, xAI now valued at $80B by daveguy on Sunday March 30, 2025 @11:22AM (#43524867)
Cool story buddy. But musk is still a Nazi salute throwing fuckwad fool. I'm not buying the smirking excuses. He also happens to control a company producing government subsidized garbage pail cars. And he lies about their self-driving capability... over and over and over again. Mainly because he was too big of a fool to recognize that multimodal sensors are a good thing so he's about half a decade behind.

I prefer cars that don't get recalled for glued on pieces falling off and CEOs that didn't pay a quarter billion dollars to buy a presidency.

Plenty of other electric cars being produced by the other manufacturers.

Re:xAI has acquired X, xAI now valued at $80B by AnthonyMouse on Friday April 04, 2025 @03:37AM (#43579333)
Consider why it feels important to you to convince people to hate someone.
Re:xAI has acquired X, xAI now valued at $80B by no_wizard on Friday March 28, 2025 @11:31PM (#43512486)
That isn’t efficient by any commonly understood definition of the word
Re:xAI has acquired X, xAI now valued at $80B by Rzor on Saturday March 29, 2025 @03:08AM (#43513440)
I fail to see the efficiency part. Care to elaborate?
Re:xAI has acquired X, xAI now valued at $80B by rambambram on Saturday March 29, 2025 @07:34AM (#43514652)
Garbage collection - although not pretty - is still necessary.