I just ditched my Model S. My friends just ditched their Model Y and 3.
Two people I work with were planning to get a Tesla and have since gone with another brand.
I fully believe Musk will lie about sales and prop up TSLA however necessary, but the fact is it is dying fast.
And the cats out of the bag. Even those who don’t pay much attention are going to have a hard time ignoring the lies that roll out of his mouth.
Hold TSLA forever! Buy the dip using all your leftover cash and assets!
*I am not a financial advisor, but this is financial advice for Elon Musk, no guarantees.
The only dip I’m buying is guacamole but thanks for the tip fancy a dorito
I have a diverse portfolio of salsa and queso, plus some french onion dip which is quite nice with ruffled potato chips.
Are they though
1D
every fucking time.
Not sure what you’re saying here? As I said elsewhere, I absolutely get that this is one day but it’s also the same day they announced a massive line-wide recall. It’s discouraging to see the number go UP on a day like today.
the stock market has a LOT of automated trade. when the price of a highly traded stock falls and reaches certain points it triggers limit orders to buy, and when it rises it triggers limit orders to sell. that’s why you never see a clean rising line or falling line for more than a few days at a time, these auto orders run by the huge investment companies always stabilise things a bit. to see larger trends you have to scale up your chart to see past the stabilising periods.
Yeah, that makes sense, 100%. I think I was just feeling anxious because everything is so overwhelming, any positive sign for the fascists is scary to me. Thanks for helping explain that.
Any downturn is likely to have single day gains. Best to look at the big picture rather than cherry pick a single positive day:
Thanks for the perspective! Can you add a graph for 1-year and 5-years? That would fill out the picture.
Logically I know you’re right but emotionally, I fucking hate seeing any sort of positive gain for that dipshit
I completely agree. The stock market is a strange thing and nobody knows what will happen next except for whoever is rigging it but:
- Tesla execs have been selling Tesla stock ‘hand over fist’, ‘by the bucketload’ for months
- sales are down a lot basically everywhere
- with my financial hat on I wouldn’t touch this with a ten foot pole I basically think the brand is too toxic I don’t care how cheap it gets
- Tesla is so heavily pumped it’s still way way way overvalued at current prices, like I can’t be bothered to explain how much but it’s a lot
- investment firms are slowly lowering their price targets for this stock
- Lehman also told their employees to hold stock just before they went bankrupt
Tesla has had a couple of free promotions. There was a bump after the whitehouse turned into a car lot. Those slipped back a day or two later. Now we have a new Trump related promotion, which will swing it up for a day or two, but it will fall back down.
The company is failing in sales. No one wants a car that is going to get thrashed and spray painted. There was a massive recall of almost all Cyberfucks. No one is going to buy and hold Tesla stocks now. It’s toxic.
It is wishful thinking by them. It is dumb to put so much hype into stock crashing when the oligarchy controls the markets. They want collapse & then revolution.
