Musk is dumping TSLA shares- I don’t see good things for this stock. Despite the 60% drop from ATH’’s it still has a high P/E of 47, and I expect earnings to slow down significantly, if not decrease due to high interest rates and a possible recession. Musk’s erratic behavior and genius idea to alienate a majority of his consumer base isn’t helping either.
But it’s a meme stock, so who knows what’s gonna happen.
I am neither a Musk hater nor a Musk defender, but I heard him described as a "a car salesman who tortures apes" the other day and it made bust out laughing.
Musk is dumping TSLA shares- I don’t see good things for this stock. Despite the 60% drop from ATH’’s it still has a high P/E of 47, and I expect earnings to slow down significantly, if not decrease due to high interest rates and a possible recession. Musk’s erratic behavior and genius idea to alienate a majority of his consumer base isn’t helping either.
But it’s a meme stock, so who knows what’s gonna happen.
Musk is dumping TSLA shares- I don’t see good things for this stock. Despite the 60% drop from ATH’’s it still has a high P/E of 47, and I expect earnings to slow down significantly, if not decrease due to high interest rates and a possible recession. Musk’s erratic behavior and genius idea to alienate a majority of his consumer base isn’t helping either.
But it’s a meme stock, so who knows what’s gonna happen.
Pretty soon people are going to say screw TSLA as well because of Elon’s Twitter antics. My neighbors have a Tesla and they are regretting it now because they are super left wing. I was considering getting one but I chose a German instead.
Pretty soon people are going to say screw TSLA as well because of Elon’s Twitter antics. My neighbors have a Tesla and they are regretting it now because they are super left wing. I was considering getting one but I chose a German instead.
Might have to jump in on some TSLA calls here. Ridiculously oversold. Maybe one more gap down into 100 would do it. Apparently some big funds are selling at the end of the year.
Might have to jump in on some TSLA calls here. Ridiculously oversold. Maybe one more gap down into 100 would do it. Apparently some big funds are selling at the end of the year.
Good, that was a tough one. I'm hoping for some recovery tomorrow, then maybe I'll sell half of my remaining shares and just let the rest ride for better or worse.
Good, that was a tough one. I'm hoping for some recovery tomorrow, then maybe I'll sell half of my remaining shares and just let the rest ride for better or worse.