It is going up. But why?
From what I’ve heard, the tariffs affecting cars/autos will impact other manufacturers. There are always day traders looking to make a few bucks from a bounce.
Personally, I expect Tesla to crash after the next quarterly report (probably in late April). I’m curious to see how Rivian stock goes, it might stabilize from so many looking for an EV alternative.
Its a stock that’s heavily played by traders, it moves just as much if not more based on the technicals than the fundamentals. Also, look up the wonderful financial term “dead dog bounce”.
You mean dead cat bounce I think?
Oh yeah, lol, thanks!
Options expire Friday.
The stock prices are a rubber band they need to go up some when they fall down so quickly
It fell from 450 to 200 in less than three months. It’s completely normal that it bounces off some target prices.
Also, I don’t See what you see
It’s also a very heavily manipulated stock and some GOP begged on FOX news to buy tesla. They will get shaken off pretty soon and could cause the price to tumble way stronger.
It’s price even after dropping a shitton is completely stupid
Indeed.
9 months ago it dropped down to $100, which is still massively overvalued.
I was convinced it would never make it above 300 again once it was under, but then came the trump rally.
Do you know what the value should be considering it’s PE and whatnot? And whatever that is, is going to take a dive once the sales impacts are fully felt in the coming quarters. International sales are going to evaporate. Domestic probably as well. Prices going to increase from tariffs and supply chain issues. And competitors are making them look amateur in terms of build quality. Oh and Cyber Truck.
Not really. I did a very broad estimation two years ago, by comparing them to the biggest car companies that also ventured into energy, robotics and many other things.
The very best price I could put them to was $30 per share. I was very generous back then and expected them to progress instead of regress, and also pretended they were as established as the big old.
But other than my name would suggest, I’m not some trading expert and should be taken as serious as anyone else that shits into the void
I think the highest I’ve heard someone claim their share price based on actual profitablity was around $100 or so, which is still far lower than current.
Investors buying cheaper and not caring about all the bad shit around it because they just think about money?
Down 6% today as of now.
Up 16% week
Down 11% month.
Down 41% 3 month.
Up 3% 6 month.
Up 50% year.Any loans Elon has taken in the last 3 months against his stock are going to be in really rough shape. Overall though investors gaining 50% in a year is absolutely remarkable even if they’re down from ATH. Unless youve been holding from '22 you’re probably pretty happy with stock performance.
Presumably the president saying that it’s going to use the entire federal executive to boost a single failing company’s shortcomings is good for buyer confidence. At this point it should be nationalized for as much money has been handed to that company from our pockets.
PUTs on this bitch!
Elon held an all hands at the company to announce “I’m back in charge” and the financial press are reporting that “the markets rewarded it.” Meaning the stock went up. Which makes me want to puke.
Since the end of febuary the whole market dropped such that it lost about six months of value and then stablelized and is going up keeping about the 6 month loss. This is why articles about modern dips crack me up as they are nothing compared to real one. The market is completely unhooked to any actual value. The crash in 2000 lost about 5 years of value and the 2008 one lost about 7 years. 2000 took two years to fall while 2008 took one. The great depression lost 19 years of profit and took about 3 years. If what we have is like then we will know by end of year as it takes a series of drops while folks with the money to do so buy the fake bottom.
Fraud and a sprinkling of crime.
1.4 billion missing from balance sheet. Stock goes up.
Every cyber truck in North America recalled. Stock goes up.
Tesla banned from Canadian EV rebate program due to evidence of institutionalized fraud. Stock goes up.
No idea what’s going on.
The stock went down already when all the insiders learned about these risks and scenarios months ago.
Now it’s bouncing around because the derivatives market capitalizes on volatility.
It’s called market manipulation!
They did it with crypto. They did it with NFTs. They did it with stocks. They’re doing it again with stocks.
Welcome to Wall Street where the numbers are made up and the lines don’t matter
Get 10 friends.
Run into a McDonald’s and shout “Everyone get the MC Turd smoothie!”
Idiot buys it.
Do that a bunch of times over and over, with more idiots buying it.
At some point, someone realizes the MC Turd Smoothie tastes like poop. But it’s too late. You have too many idiots holding it so now they’re the 10 friends.
That’s the stock market.
I believe it’s a pump-n-dump ahead of the earnings call on April 23rd. Those results are not going to be good and I expect that that the big investors who are driving this will start selling off next week to cash in.
I suspect a pump and dump as well. Trump did a Tesla commercial to dupe the MAGAts into buying, now they will dump their stock and let it burn.
