• roofuskit@lemmy.world
    link
    fedilink
    English
    arrow-up
    42
    ·
    edit-2
    11 hours ago

    Headline conveniently phrased to attract clicks from certain segment of internet users.

      • TheTechnician27@lemmy.world
        cake
        link
        fedilink
        English
        arrow-up
        25
        ·
        edit-2
        10 hours ago

        Futurism’s are particularly egregious. It exists to get clicks, and I mean in a way that clearly none of its writers give a single shit.

        This headline and story in particular are okay enough, but in general, Futurism will take scraps and turn it into “[x person/business/industry our readerbase doesn’t like] is literally shitting its pants and DYING”.

      • Otter@lemmy.ca
        link
        fedilink
        English
        arrow-up
        9
        ·
        9 hours ago

        I think people are tired of these headlines because we’ve seen the same thing for many companies, without lasting consequences. It’s even worse for elon musk related stocks, because of how much manipulation those ones go through.

        I don’t have a source, so take it with a grain of salt, but I vaguely remember a discussion that one of his companies couldn’t remove him because the stock was artificially inflated by his presence. It might have been tesla

        • RedstoneValley@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          7
          ·
          6 hours ago

          There is another problem which keeps stocks like Tesla afloat when it really should have tanked a long time ago: Index funds based on indexes like S&P 500 etc., where investors are automatically buying Tesla stock when buying into the fund, which stabilizes the stock in question. Musk knows this and that was the exact reason why he tried to get indexes to bend the rules of inclusion for spaceX to be included in indexes earlier than usual. The grave consequences are people investing in index funds are directly milked. Pension funds often include indexes, so what Musk is doing there is in effect trying to steal from people who did not actively invest in SpaceX.

    • Oni_eyes@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      4
      ·
      9 hours ago

      I’ll admit it made me slightly giddy for a few seconds.

      I needed those seconds though, so I’ll take em.