this post was submitted on 13 Mar 2025
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EU_Economics

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[–] FreeRangeMustard@lemm.ee 3 points 15 hours ago (1 children)

Yeezys weren’t exactly a 799$ billion business.

[–] FlexibleToast@lemmy.world 5 points 15 hours ago

Neither was Tesla. Tesla had maybe the most over inflated value of any company. The C suite execs knew it and have been shedding stock for years. They also have never paid out dividends, ever. The Elon hype is finally deflating.