It’s so hard to believe how people put so much money into a completely unknown stock (and with the joker Elon Musk involved in it) on day one. These people are not on their first day as investors but they are sure acting like it.

I think too many kids grew up on social media and believe whatever they read there. Fed by algorithms.

Even though, these guys have so much money so I guess it’s adults? It’s pretty shocking.

Elon is the one deciding everything so yeah, I can’t see how some random ceo is going to have the same visions and drive to work all the time.

Nobody can see the future. We will see.

Its because they make money buying whatever goes up, instead of holding selected companies for a long time.

Think about it. You could have made 150% by holding micron for three months. Big tech companies take five years to make that much. So that’s why these investors have to jump on the bandwagon no matter what the fundamentals are.

They also sell as soon as it starts to show weakness, which is why micron dropped 30% in like 3 days.

Enjoying Linux is a real feeling man. You may never have felt it…

You are overestimating how many people care about Elon since you are here on Lemmy where everyone cares deeply about it, seemingly.

Tesla is a hype stock and is based on hopes and dreams. Maybe it will get there but probably not. If Elon gets sick or quits, the entire company doesn’t have a chance.

I would say there is a very big chance of that happening in the next few years.

The next big wave is probably robotics and tesla could have a chance there though to once again rise. But many other tech companies want the same market.

It’s the same reason why other tech companies are falling too, like alphabet. The giant spending on AI surprised the market, which is strange, since it hasn’t been a secret. But the stock market is always over-reacting, which is why it’s easy to make money long term.

People without experience get scared and sell their stocks, until they get the needed experience to either sell and buy something on the way up, or don’t sell and wait it out.

People said the same after he did the nazi salute. You guys don’t learn.

You can make money off the stock market just as they do. I’m doing it.

I think it will go a lot faster than that personally, but depends on what we mean. Are we talking fully autonomous robots walking around inside our houses, carrying out tasks? That will take much longer than just some model that is like Alexa, standing in a corner…

We will probably see guard robots who can guard areas as a first step. Just watching and monitoring areas and being able to walk and report. Very basic.

But yeah we will see. Wish I could say it’s exciting but I think its just going to make humanity worse… We don’t get happier with tech, just more isolated and sad.

Nope. All this will continue with robotics. They will need a lot of memory, cpu and Ai capabilities and will connect to datacenters.

Its dystopia being built here. Nothing will stop it. This is literally run top down from billionaries and they can’t be voted away.

There may also be a trend with spy glasses or clothes or other stuff that people will wear. Trans humanism is popular in pervo circles. Merging with machines. Implants. All of this is driving demand for tech.

Nocody will “like” them in a couple of hours. We may have a national crisis on our hands.