By all means keep up the boycott, no one should be buying Tesla…
But we need to be realistic what caused the stock price to drop and what’s effective. Tesla stock bisnt based on how much Tesla makes. It’s based on what people will pay to buy it.
If the company starts losing money by over manufacturing for their demand, their stock will go down because people don’t like buying stocks in dying companies.
It’s a battle of inches. We have to take every step in order to impact it, not just ignore it and wait for it to go away
![[u/AdaXaX] We have power! Tesla’s stock is now 100$ less worth than one month ago. Keep the boycott spinning! Buy from the EU only!](https://feddit.org/pictrs/image/62714b19-8b16-4ee0-8245-713a4dcc9ac1.jpeg){kind=link}
By all means keep up the boycott, no one should be buying Tesla…
But we need to be realistic what caused the stock price to drop and what’s effective. Tesla stock bisnt based on how much Tesla makes. It’s based on what people will pay to buy it.
If the company starts losing money by over manufacturing for their demand, their stock will go down because people don’t like buying stocks in dying companies.
It’s a battle of inches. We have to take every step in order to impact it, not just ignore it and wait for it to go away
Stock price is whatever people are willing to buy it for
Rational investors base that on stuff like you’re talking about.
A lot of Tesla investors don’t value the price of Tesla stock on company performance, they just like Musk and when price drops they buy more.