Tesla’s valuation never made sense, and now its target market is limited to environmentally conscious Nazis.
Steepest drop in 5 years, so far…
Too lazy to make the meme. But y’all know
Well, I think it can go lower. Much lower.
I don’t believe you. PROVE IT!!!
Whats crazy is that even after losing more than half its value recently, it still has a PE ratio of around 128. Lol Can’t wait for the earnings to be released in April for the real bloodbath to start. Would be hilarious if it drops so much that FElon get’s margin called 😂
That would be wild lol. Trump has a storied history of turning on people who expend their usefulness to him, and often viciously. Many of the things that prop Musk up now can switch and work against him.
They will weasel out somehow.
We will hear an immediate news bulletin that all post office vehicles will be model Ys or something like that.
If you default on your mortgage, you’ve got a problem. If you default on Twitter, the bank has a problem
He rigged up the Twitter purchase so the debt would fall on Twitter if it fails, not him.
Up 25% from a year ago nevertheless.
My dad was invested in Tesla and i convinced him to sell with this one simple truth
There is very little overlap in the venn diagram of people who would buy teslas and the people who think what musk is doing is good.
he is seriously pissing off his customer base
Yeah, but this time investors might actively start dumping shares, because teslas stock was already ridiculously over inflated and their sales are now starting to decline and the legacy automakers are catching up, while the chinese curb stomped tesla already
Global sales of electric vehicles, including fully electric and plug-in hybrid models, increased 21% in January from a year ago, even as Tesla’s sales declined.
I found this part the most interesting. I was under the impression that EVs in general were on a downturn, but it seems it is only Tesla. Time to remove Elon from Tesla.
I was under the impression that EVs in general were on a downturn
The EV naysayers are likely to blame for that impression. EV growth rate has declined. EV sales are still growing, just at a slower rate that before.
I bought an EV in November and everyone in my red state loves to ask me questions about it. Some start in a condescending place but most are genuinely interested in them.
What model?
Some start in a condescending place
I wonder why that would be a starting position.
It’s a KIA EV9. Was the only one with a functional 3rd row that isn’t $80k+. I enjoy it so far.
It’s the initial redneck response in my experience. They assume it’s slow, complicated, and unreliable. They usually want to sneak in a “you know you still power that thing with coal” comment as well. Even if they don’t say it you can see it in their eyes. I will usually mention my solar panels and offer to race them in their truck 😎
We are just getting started…
Keep boycotting, and join protests outside Tesla showrooms. ~60% of Musk’s wealth is in Tesla shares. Tank the stock and tank his wealth and thus influence
There are protests all across the US and starting to spring up in other countries. Here’s a list of upcoming ones + a guide to help organize one around you if none exist
Tesla wealth is what he’d been leveraging for a lot of the rest of the companies, too.
I wonder what crisis they’re going to create to distract, dismiss or deny that this is happening
“Trans immigrants are forcing dogs to transition to match their owners’ gender and then they’re eating them and it’s happening in every blue state and tariffs are the only way to fight it”
THEY’RE DE-PEEPEE’ING THE PETS!!!
THeY’rE USinG TRaNs COcKs iN ChICkEn FIgHtS!!!
Those are rookie numbers… I hope see it drop to its pre-pandemic valuation over the next year 📉
Why stop there? Let’s see how low it can go.
Time for a game of limbo.
Someone bring hotdogs and marshmallows for this dumpster fire.
I too love industrial carcinogens in my food
I tried to buy at - 12% but market wanted - 15% today… Sold and switched to Nvidia. :)
Nvidia have quality products, tons of money and doesnt have an insane person in charge, so…
This isn’t wallstreetbets - are you lost or just offering the worst possible investing advice for fun?
Are you trying to lose money?
Nvidia have quality products
Missing ROPs have entered the chat
Edit: and melted power connectors
All because you thought he made a Nazi salute and he’s working with Trump.
No other valid reason. Wild and pathetic.
There was that time he called a rescue diver a pedo because he wasn’t allowed to use his unsafe sub. Oh, and his blatant takeover of the government.
If it wasn’t a nazi salute, then why won’t any other right-wing politicians, commentators, or pundits do it?
They have been challenged to, and they all skirt around it.
They claim it was a different gesture, along the lines of “giving my heart to you,” but then won’t do the actual gesture.
Charlie kirks’ attempt to write off the obvious nazi salute was especially funny:
It’s not even close… not even close…
They won’t do it because they all know what it was. They know its wrong. They know only elon would get away with it (and possibly trump) because they are the leaders of the cult.
The only other person who did it (weakly, as far as i know, and almost didn’t do it) is this guy:
It was so awkward. He even had to give a little nod to himself afterwards when it didn’t go down badly, as if he was sighing in relief.
It’s pathetic that people try to defend it. It is obvious what it was.
I didn’t think he did. I saw him do it. We all did.
