"The problem with Tesla was always the price, and I think that's the bottom line,", referring to the EV maker's valuation — a calculation of how much the company and its stock is worth.
"Every stock that was sent up over 50 times earnings performed extremely poorly in the future. It's the price, it's not the company, that causes investors problems," Siegel said. Musk fan Wood said Tesla's stock has"miles to run" and could rise to $1,500 in the next five years., going on to refer to price cuts on Tesla's models.
Elon literally tweeted “Tesla’s stock is too high imo” and it proceeded to go up 1500% from that point and people are blaming Elon for the dip lmfao
That's morelike spawning panick to get the cheapest stocks
Tesla isn’t the best! Everyone should know that
He's headed for Ron Jeremyville instead of Mars
'...consumers are more likely to react poorly to a car company being controversial than another type of business. That's because a car is a long-term purchase that represents its owner to the outside world wherever they go — unlike, say, a can of Goya beans.'
What's really happening? HE DESTROYED HIS BRAND IN FRONT OF EVERYONE!
Cathie Wood ? An expert lol
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Tesla stock price falls 8% after it slashed price for its EVs in ChinaTesla falls 8% to new multiyear lows after the company slashed the price for its electric vehicles in China again You have to lower the price because your competitors offer a better EV and cost one third less. TSLA is dead. Purchas-ability rises to new multi-year highs as Tesla becomes more accessible to the common Chinese consumer.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla investor accuses Elon Musk of tanking the stockInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Are You?! really? Elon! He so reminds me of a Dracula 🧛♂️ in this photograph. It almost looks like a pose. I watched plenty of those from the original Dracula! Being a sci-fi fan.
Source: BusinessInsider - 🏆 729. / 51 Read more »