Tesla dealerships are getting protested and, in some cases, vandalized. Sales are down on 9 of the top 10 countries Tesla sells in. Yet Tesla stock is up. Twitter is a cesspool of nazi-themed bots, and somehow just pulled in $1bn and raised its valuation back up to $44bn.
How is any of this possible? It seems really artificial to me, but I don’t really understand business.
You’ll need to have 500k shares total for the valuation to be 1M
Yes but 50.000 × 2 = 100.000, large numbers get confusing without dots
Sorry I should have been clear when I edited my post, the previous commenter was correct, I messed up the math.