• @saltesc
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    4 hours ago

    Looking at the last 3 months of Tesla stock is pointless and zooming in on graphs is cherry picking the narrative you want to hear, but the truth is it’s just another bear off the last Tesla bull…

    …which happens all the fucking time with Tesla.

    It’s notoriously one of the most volatile stocks on the market for bull and bear rushes which makes it more popular for buying and shorting, in turn making it more volatile.

    As it stands, it has grown healthy, looks stable, and most analysts recommend to hold current stocks or buy, especially considering revenue reports.

    These three month graphs never have and never will be the true story of Tesla stock.

    It’s literally just correcting back to normal value post the last ride of volatility around elections. And it’s still not there yet.

    • @[email protected]
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      4 hours ago

      This is a good, thoughtful analysis based on historic trends.

      Where does the model factor in president musk weilding a chainsaw, driving blatant regulatory capture, the brand value becoming toxic waste, deliveries diving off a cliff, impending tariffs and foreign competition gaining ground both economically and technologically?

      Inb4 “its an actually AI robotics company and nothing happening with cars really matters”

      • @saltesc
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        34 hours ago

        It’s already come down to 112? That’s depressing.

  • @RedditWanderer
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    5 hours ago

    He likes that particular slope.

    Someone has to overlay his “totally casual salute” on the graph

  • @corroded
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    75 hours ago

    It’s nice to read some good news for a change.

  • @eran_morad
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    44 hours ago

    PE 112. Shit has wayyyyyy more room to fall.

  • @expatriado
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    65 hours ago

    just concerned Elon will compensate his declining wealth, due to lower sales revenue and stock valuation, with some even more corrupted means

    • @[email protected]
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      84 hours ago

      People really don’t understand what Musk and Trump are doing.

      The future is BRICS, the West is in decline. They are selling out the West in exchange for assets in China, Russia and, primarily, Saudi-Arabia.

      When this cluster fuck is over, they will be extremely rich. Possibly even trillionaires.

      • @grue
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        12 hours ago

        The warmongering about Canada, Greenland and the Panama Canal Zone is an attempt to gain a monopoly on trade (Panama Canal and Northwest Passage).

  • @BeefPiano
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    44 hours ago

    It’s now at the lowest it’s been in 6 months and still falling

    • @subunit317OP
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      55 hours ago

      Bouncing like a model 3 off the side of a ravine, while sadly blaring its fart horn the whole way down.

      It’s been crazy watching the markets over the last few weeks. I’ve seen stocks go from like 5% down to like 3% up by EOD, lol. So we’ll see. This seems like Tesla’s bad sales numbers are finally catching up to them.

  • @danc4498
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    5 hours ago

    This is just a correction. It is a little overpriced and is just getting back down to its actual value. It should settle around the $100 mark. Nothing to see here.

    • [email protected]
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      125 hours ago

      100? It’d be severely overpriced at 25. If the stock market weren’t feels-based, it’d drop to <10

      • @Zorque
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        24 hours ago

        The stock market is feels based. That’s what the stock market is all about. The feelings of investors.

        The problem is that their feelings aren’t based in the wellbeing of their fellow people, it’s in their bank account.

    • @[email protected]
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      4 hours ago

      I struggling if this is sarcasm, because I’ve seen similar authentic sentiment from xitter. But if not, I really hope you’re still holding your bag. It will be good for your portfolio.

      • @danc4498
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        04 hours ago

        lol, if I’m holding my bag until it hits 100, you have my permission to take me out of my misery…

        But in all seriousness, it probably is just a correction because it has been overvalued since the beginning of time.