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re: Elon and Tesla raking in a lot of chicken feed

Posted on 1/27/23 at 9:42 am to
Posted by CAPEX
Member since Dec 2022
865 posts
Posted on 1/27/23 at 9:42 am to
quote:

But it's not his fault. Hell, everything, except big pharma, is down 30-50% of what it was last year. I know my investments are.


Tesla is down 40% compared with the broader NASDAQ-100 benchmark being down 14%.

Companies like Microsoft and Amazon are down 17% and 26% respectively. Apple is only down -9% which is frankly amazing and a testimony to how good of a CEO Tim Cook is.

So Tesla is objectively doing much worse than a list of comparable companies considering:

a) The tech benchmark is down 14%.

b) Tesla is down 40%.

c) The SP500 index is down 6% if we compare it to 500 top companies.


This post was edited on 1/27/23 at 9:43 am
Posted by DamnGood86
Member since Aug 2019
957 posts
Posted on 1/27/23 at 9:58 am to
quote:

Tesla is down 40% compared with the broader NASDAQ-100 benchmark being down 14%.

Companies like Microsoft and Amazon are down 17% and 26% respectively. Apple is only down -9% which is frankly amazing and a testimony to how good of a CEO Tim Cook is.

So Tesla is objectively doing much worse than a list of comparable companies considering:

a) The tech benchmark is down 14%.

b) Tesla is down 40%.

c) The SP500 index is down 6% if we compare it to 500 top companies.


GM and Ford are both down about 40% YOY. Comparing auto manufacturers seems more reasonable than comparing an auto manufacturer to Amazon or Microsoft or Apple.
Posted by Artificial Intel
Member since Jan 2023
210 posts
Posted on 1/27/23 at 12:57 pm to
quote:

Tesla is down 40% compared with the broader NASDAQ-100 benchmark being down 14%. Companies like Microsoft and Amazon are down 17% and 26% respectively. Apple is only down -9% which is frankly amazing and a testimony to how good of a CEO Tim Cook is. So Tesla is objectively doing much worse than a list of comparable companies considering: a) The tech benchmark is down 14%. b) Tesla is down 40%. c) The SP500 index is down 6% if we compare it to 500 top companies.


Most car companies are down 30-40% YTD.
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