Far from enough, make that motherfucker go bankrupt
this post was submitted on 07 Mar 2025
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Even if the situation wasn't as abysmal as it is, the stock has been overvalued for many years now, basically riding on Elon's charisma above all.
Those are rookie numbers. You gotta pump those numbers up. Or down. Whatever is appropriate given the situation.
Let's hope it loses 60% in two months, then.
Letโs hope it loses 90% in three months, then.
120% in four months it is then!
Itโs not impossible Tesla stock will reach negatives by then
71% to go!
Ok, but how are they over the last year/3 years?
All gains from the last 3 years have been erased. Actually the first time they reached this price was in januari 2021.
All gains from the last 3 years have been erased. Actually the first time they reached this price was in januari 2021.
Does it matter? It's a noob question here, as I'm not sure to understand what you want to say and if that matter the first time it was at a certain price. I would have thought the last time was what mattered.
I just checked the graph (i don't much stock, so I need to check data ;) and to me it looks like Tesla is down to its Oct/November 24 (not 2021) price which is already an impressive drop (and it looks it will keep going down today too). But it also has been at that level more than a few time since 2021. And reached much lower in early 2023, somewhere in the 100-120, and at 175 in May 2024
What's interesting looking at the graph is to see how often those lows are followed by a bounce... I would be curious to see how much more it will go down (and for how long) before it bounces again... If I had a Cristal ball I would be rich, I suppose :p
They are still up 21% over the past 6 months.
They are still up 47% over the past year.
Wished I knew how to short stocks!
Unfortunately Tesla stock is so overpriced that it takes a whole bunch of money to sustain a short sale unless you have insider info.
Meanwhile professionnals in charge of fixing Tesla car body/windshields ๐ค๐ซฐ
The options premiums are nuts. Everybody's expecting further moves.
Tesla can fuck right off!
This is why you invest in TSLQ instead. When TSLA goes down, TSLQ goes up.
That's encouraging, but let's do more. We can make a difference.