At some point, the bill is due. If the stock isn’t producing dividends, then it’s a growth stock. If the stock stops growing, or balances back to reality with their ledger sheet, then they’ll realize the growth isn’t happening because their sales are dropping like a rock, their market penetration is negative, and nobody wants to buy a vehicle associated with an actual, real life, Nazi who’s spent the better part of the last 3 months making everyone in the world’s (and especially American’s) lives a living hell.
Tesla was massively overvalued because Elon had people convinced he was a genius billionaire inventor who was going to turn Tesla into a “Energy” play. Also, he wasn’t a Nazi manipulating world governments, forming up DOGE, firing thousands of government workers, causing planes to crash, endangering everyone’s lives, and threatening to get rid of one of the very few good things to exist in this country: social security and medicaid/care.
Nobody has a crystal ball to the future, but I seriously doubt the Tesla stocks will make a rallying cry to get back to even close to where they’re at. At least not without a subsequent sell-off.
There’s just too much risk and volatility without any profits. And in the April 22nd-29th (whenever they choose to have it that week) earnings report, we’re going to see a real bloodbath of a growth stock that’s been overvalued by hundreds to thousands of a percent which fails to produce dividends or payouts to their shareholders, having a sharp, sharp line down for their quarterly earnings, with another quarter doing the same, and the one after that, etc.
It will crater.
The market can remain irrational longer than we can remain solvent, sure. But it eventually corrects. Even if it takes a recession/depression to trigger that.
Oh please. Ford was an anti-Semite and a Nazi with a Grand Cross of the German Eagle, people were staging boycotts, he went on trials and yet a century later his company absolutely dominates the US car market.
At some point, the bill is due. If the stock isn’t producing dividends, then it’s a growth stock. If the stock stops growing, or balances back to reality with their ledger sheet, then they’ll realize the growth isn’t happening because their sales are dropping like a rock, their market penetration is negative, and nobody wants to buy a vehicle associated with an actual, real life, Nazi who’s spent the better part of the last 3 months making everyone in the world’s (and especially American’s) lives a living hell.
Tesla was massively overvalued because Elon had people convinced he was a genius billionaire inventor who was going to turn Tesla into a “Energy” play. Also, he wasn’t a Nazi manipulating world governments, forming up DOGE, firing thousands of government workers, causing planes to crash, endangering everyone’s lives, and threatening to get rid of one of the very few good things to exist in this country: social security and medicaid/care.
Nobody has a crystal ball to the future, but I seriously doubt the Tesla stocks will make a rallying cry to get back to even close to where they’re at. At least not without a subsequent sell-off.
There’s just too much risk and volatility without any profits. And in the April 22nd-29th (whenever they choose to have it that week) earnings report, we’re going to see a real bloodbath of a growth stock that’s been overvalued by hundreds to thousands of a percent which fails to produce dividends or payouts to their shareholders, having a sharp, sharp line down for their quarterly earnings, with another quarter doing the same, and the one after that, etc.
It will crater.
The market can remain irrational longer than we can remain solvent, sure. But it eventually corrects. Even if it takes a recession/depression to trigger that.
Oh please. Ford was an anti-Semite and a Nazi with a Grand Cross of the German Eagle, people were staging boycotts, he went on trials and yet a century later his company absolutely dominates the US car market.