Has TESLA stock price finished dropping, or how low will it go?

ArrestMeRedZ said:
I believe that Elon was the patron Saint of the left wing green crazies for producing viable electric cars. They just assumed, since he was "doing good" that he was one of them. Then, when he bought Twitter, ended the undeniably biased censorship masquerading as truth checks, fired all the drone employees and announced he would no longer vote for the left he became a traitor in their eyes. Now they are punishing him. Tesla stock which was overvalued by any traditional stock market metric dropped when starry eyed investors became disenchanted with him and dumped it.
Click to expand...
Personal investment is a small part of the pool. Institutional investors are better at crunching numbers than you or I and they want out. The greenie early adopters who were going to buy a Tesla already bought one, and it looks like a long time on average before they buy another one. The sorta-greenies who have a choice between a Tesla and a used Prius look (to investors) to be leaning towards the Toyota.

What if Musk actually is a stable genius? His performance at Twitter is sapping his god-like resources and Tesla's getting ignored. A bet on TSLA is a bet that some fantastic unbelievable CAR is in the pipeline. With Musk off doing social media, this pipeline looks empty.
 
schwinney said:
Maybe it will be the next Apple and I should buy some with CashApp (which let's me buy stock.)

Yea? Or nea
Click to expand...
I would recommend against you buying individual stocks. It’s not a good idea, not until you have a portfolio in which any one stock is no more than 5% of the portfolio, or the money is “play money” that you can afford to have vanish.
 
Astro14 said:
I would recommend against you buying individual stocks. It’s not a good idea, not until you have a portfolio in which any one stock is no more than 5% of the portfolio, or the money is “play money” that you can afford to have vanish.
Click to expand...
Sound advice. A nice index fund, like one indexed to the S&P 500 beats 85% of stocks over time. A true no brainer.
 
edyvw said:
The actual check existed prior to him taking over. I know, I had one. You could not just like that claim account without being checked. Blue check guaranteed that.
Click to expand...
I know, I'm saying that Twitter Blue, which was the paid-for service prior to what he implemented, didn't give you a blue check, it just gave you extra features, but no "Verified" check. Getting Verified was a separate process and did not require a subscription to Twitter Blue.
edyvw said:
Today that is not possible.
Click to expand...
I think the whole verification thing is on hold right now because of what transpired. This applies to both traditionally verified accounts as well as Twitter Blue. Currently, the idea being floated is that twitter Blue verified will have a different colour check, but we'll see what they actually end up running with.
edyvw said:
The amount if bots went dramatically up. I am in business that has to deal with it. It is ridiculous the amount of accounts that I personally block that are popping out on a daily basis.
Click to expand...
I've not seen that with our accounts, but perhaps it impacts different businesses/organizations differently?
edyvw said:
I didn’t even mention impersonation, but you are right, it is huge problem.
Click to expand...
Yes, that became a huge issue during the twitter blue "verified" fiasco and is what led to it getting frozen.
edyvw said:
It is very easy to check who left Twitter when it comes to advertisers. United was I think first big company to bail out. He has to creat traffic to bring back advertisers. Problem is, what kind of traffic. Many don’t want to be associated with content.
Click to expand...
Yes, I know the advertising situation has been in a bit of turmoil but I also think there's a lot of hype that one needs to cut through as there's a lot of manufactured outrage also in play.
edyvw said:
Sporadic outages are happening. He managed to get some of those 8,000 people back to work, at different wage, of course.
Click to expand...
I'm on twitter pretty regularly and haven't experienced a single outage, nor seen them mentioned. I did see claims that they were going to happen, but that never materialized.
edyvw said:
So, with all this, stock will go down. Is Twitter going to go away or survive is still questionable and it will take time. It is now his company, he has right to do anything he wants. But, it shows his leadership style in open, it shows his personal priorities when it comes to various controversial and not so contradictory issues, which all will reflect on Tesla.
Click to expand...
Elon's reputation proceeds him, and yes, that's going to colour perception of anything he owns, now including twitter. But that's always been the case for Tesla so it's funny to see folks that love Telsa lose their mind over him taking the same approach to twitter. He's the same guy, he didn't change, his views haven't changed, so why did you like him when he was the car guy but now hate him when he's the twitter guy?
 
JeffKeryk said:
Tesla is a tech company.
Tech is highly cyclical; not for the faint of heart. Huge swings, downturns, ramps, etc. are the norm. TSLA bought before Dec 2021 shows a profit, go back another year to Jan 2020 and you get a 6x gain.

Your "Tesla has a product" is spot on.
Tesla's products have 2 of the highest selling cars in the world and the #1 vehicle by revenue. That car, the Model Y, will likely outsell the Corolla in 2023 or 2024. Not bad for a vehicle so expensive and profitable, as compared to the econobox (low margin) Corolla.
The 1st SEMI trucks will be delivered to Pepsi within weeks; Tesla has years worth of orders. The goal is 50,000 SEMIs per year. Quite a goal...
The long delayed Cybertruk lines are being built at Austin as we speak. Pre orders are in the 1.5M range.

One can argue vapor ware so far, Tesla has to execute.
Click to expand...
I hate to say it but Tesla didn't factor in the Cybertruck being rated as a commercial vehicle in Europe. I hear that there are a million plus orders but I don't believe it.
 
edyvw said:
Not sure how?
Most left (he didn’t fire most people. They didn’t want to work for him. These people are not floor workers at Tesla factory). He relied in the beginning on OPT and H1B1 workers bcs. they didn’t have options. Some returned after he realized things can’t run bcs. he wishes they run that way. Of course, they cashed on that.
He won’t be able to hire people like Nada Bakos with this approach. People like that, who were instrumental to weeding out outside state actors, care about things that Musk doesn’t understand.
What Twitter board cared was that they hooked fool on it, and he couldn’t bail out. This was windfall that no one ever expected, and then, “genius “ showed up.
Click to expand...
Not sure how the employees sabotaged Twitter? Those same employees that wailed and weeped then screamed like little girls when it was first announced that Musk was buying Twitter? The ones that said he was killing people by not continuing censorship? Really? Really? Really?
Most quit instead of being fired? That's not what all of the written articles are saying. What is your source on that?
Tesla, SpaceX, Neuralink, PayPal. Shall I go on? With his track record tell me he doesn't attract and keep top talent. Yeah, the word genius doesn't need to be put in quotes by a mere mortal. Autistic savant genius, maybe, but still a genius.
 
OVERKILL said:
I know, I'm saying that Twitter Blue, which was the paid-for service prior to what he implemented, didn't give you a blue check, it just gave you extra features, but no "Verified" check. Getting Verified was a separate process and did not require a subscription to Twitter Blue.

I think the whole verification thing is on hold right now because of what transpired. This applies to both traditionally verified accounts as well as Twitter Blue. Currently, the idea being floated is that twitter Blue verified will have a different colour check, but we'll see what they actually end up running with.

I've not seen that with our accounts, but perhaps it impacts different businesses/organizations differently?

Yes, that became a huge issue during the twitter blue "verified" fiasco and is what led to it getting frozen.

Yes, I know the advertising situation has been in a bit of turmoil but I also think there's a lot of hype that one needs to cut through as there's a lot of manufactured outrage also in play.

I'm on twitter pretty regularly and haven't experienced a single outage, nor seen them mentioned. I did see claims that they were going to happen, but that never materialized.

Elon's reputation proceeds him, and yes, that's going to colour perception of anything he owns, now including twitter. But that's always been the case for Tesla so it's funny to see folks that love Telsa lose their mind over him taking the same approach to twitter. He's the same guy, he didn't change, his views haven't changed, so why did you like him when he was the car guy but now hate him when he's the twitter guy?
Click to expand...
There is no doubt Tesla worshipers are now going against company bcs. Musk.
For me personally there is one fundamental issue and one that amuses me a bit.
1. He seems not to understand or doesn’t care about importance of Twitter outside the US, especially when it comes to dissidents etc. He borrowed money from people who are on opposite side of democracy. His reliance on CCP to sell Tesla vehicles in China will have direct influence on how he runs twitter.

2. What amuses me is that people think he wanted to buy twitter. He didn’t have a choice! It was PR stunt that went wrong. He never had intentions to buy it. His reputation does precede him, but this is different. We all have front row seats in his decision making process and petty arguments with people that actually do know what they are talking about.
 
JeffKeryk said:
You go from "Lets face it - there are countless companies that can assemble a car, many much better than Tesla." to "who knows" to "Even if its true" to "if someone wants it".
That's quite a leap.
Click to expand...
You like to take stuff out of context. You just like to create straw mans that don't exist so you can argue, or just can't read? This comment was regarding your comment about Tesla margins. You arguing there aren't 20 companies that can assemble cars? Faster isn't always better last I checked.

JeffKeryk said:
Nope. Tesla makes cars faster and their margins are, by far, the best in the industry.
Click to expand...
I was replying to this - in case you didn't notice. Simply said their intellectual property should be reflected in their stock price, but there are at least 20 companies on earth that can assemble a car and yes I believe there are much better car assemblers than Tesla. Margins are great now because their selling a civic with a battery for $60K. If they can continue and replicate that - well that will be something.

People probably thought that way about Ford in 1920, or GM in 1960. Time will tell.
 
eljefino said:
Personal investment is a small part of the pool. Institutional investors are better at crunching numbers than you or I and they want out. The greenie early adopters who were going to buy a Tesla already bought one, and it looks like a long time on average before they buy another one. The sorta-greenies who have a choice between a Tesla and a used Prius look (to investors) to be leaning towards the Toyota.
Click to expand...

If that is true, how has Tesla continued to post record setting sales gains quarter over quarter for the last several years ? Certainly not just from repeat sales to those "greenie early adopters".

As I have previously stated, give Elon and his plan for Twitter a chance. I know a lot of people love to hate him. But his career track record so far has been pretty impressive.
 
mk378 said:
> according to figures released by Musk.

Say no more.

The company is now private, there is no requirement for Musk to release accurate numbers.
Click to expand...
Maybe, but those numbers are likely in advertising contracts, so by lying it could be cause for breach I would think. Not an attorney, just guessing.

Of course we are talking about a guy that plays fast and loose even with the SEC - so your point is well taken.
 
DwightFrye said:
If that is true, how has Tesla continued to post record setting sales gains quarter over quarter for the last several years ? Certainly not just from repeat sales to those "greenie early adopters".

As I have previously stated, give Elon and his plan for Twitter a chance. I know a lot of people love to hate him. But his career track record so far has been pretty impressive.
Click to expand...

What plan? The plan was PR stunt. Once they got him on the hook, he tried everything to bail out. He couldn’t. No reputable bank wanted to borrow him money bcs. while he is richest man on paper, he actually doesn’t have that cash. So, he actually borrowed money from people who have cash: bunch of venture capitalists and most importantly, Qatar holding, bin Saud, and what might be biggest contributor, MBS.
Can someone here who is part pf this Musk cult explain what is that plan where he paid $44bln for company that in best case scenario was worth $20bln?
 
You must log in or register to reply here.

Similar threads

B
Brake rotors - how much are you paying to machine them?
2 3 4
Replies
66
Views
3K
edyvw
k1xv
  • Locked
I sold all my stocks and bonds today.
13 14 15
Replies
284
Views
12K
Astro14
Hohn
Filter Efficiency: when small differences aren't small
3 4 5
Replies
84
Views
5K
ZeeOSix
N
Cheap A/T initial impressions Trail Guide All Terrain 235/75R15 XL
Replies
8
Views
1K
JHZR2
D
Used a low end MIG machine
Replies
2
Views
260
Hohn
Back
Top Bottom