Elon Musk's X gets another valuation cut from Fidelity
stopthatgirl7@kbin.social to 
axios.com
Fidelity has again marked down the value of its shares in X Holdings, which the mutual fund giant helped Elon Musk buy for $44 billion when the company was known as Twitter.
By the numbers: Fidelity believes that X is worth 71.5% less than at the time of purchase, according to a new disclosure that runs through the end of November 2023 (Fidelity revalues private shares on a one-month lag).
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The cyber truck is an ugly joke. But the stock will hold up until there is another stylish and popular alternative.
Uh, the Rivian and F-150 Lightning started deliveries years before the cyber truck. Both sell like crazy.
Have you seen the cheaper cars BYD is building?
https://motowheeler.com/us/electric-cars/byd/