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Prominent Tesla investors think Elon’s mismanagement of TWTR is tanking TSLA stock
Posted on 12/17/22 at 1:18 pm
Posted on 12/17/22 at 1:18 pm
quote:
Prominent Tesla investors have also come to the same conclusion that Elon’s mismanagement of Twitter is tanking Tesla stock as collateral damage. There’s now a movement to replace him as Tesla CEO which would have been unfathomable a year ago.
LINK
Chipotle's P/E (51) is now 5 ppts higher than Tesla (46). Is this a buying opportunity for Tesla or will it keep going down further? What do the MB experts think?
4
Posted on 12/17/22 at 1:40 pm to rickgrimes
I’ve given thoughts elsewhere but I’ll reiterate that while the twitter stuff is a bad look, fact is the EV market is very different now than it was when Tesla made its hay.
Teslas are quite expensive and there’s way more choices on the market that have more established networks.
Luxury legacies like Mercedes are going to take a bite and “Everyman” legacies like Chevrolet and Ford are going to take a bite.
Hell, Chevy is selling an EV for 26k that has 250 mi range.
Tesla is going to have to expedite that “more than a car company” stuff pretty soon or they’re going to keep tanking.
Teslas are quite expensive and there’s way more choices on the market that have more established networks.
Luxury legacies like Mercedes are going to take a bite and “Everyman” legacies like Chevrolet and Ford are going to take a bite.
Hell, Chevy is selling an EV for 26k that has 250 mi range.
Tesla is going to have to expedite that “more than a car company” stuff pretty soon or they’re going to keep tanking.
Posted on 12/17/22 at 2:42 pm to rickgrimes
Ross Gerber is a hack, in other news..I bought yesterday $151 and change and $149 and change in the post market
Posted on 12/17/22 at 3:40 pm to rickgrimes
Stock and company success does not necessarily go hand in hand. Stocks are still the greater fools theory
This post was edited on 12/17/22 at 3:40 pm
Posted on 12/17/22 at 4:10 pm to rickgrimes
These two goobers are ignoring the fact that TSLA has been overvalued for an extremely long time.
They had no issue with the pump, but once the stock price starts correcting to reality, they get upset. Classic
They had no issue with the pump, but once the stock price starts correcting to reality, they get upset. Classic
Posted on 12/17/22 at 4:25 pm to JimMorrison
All of this. I don’t think Elon has done Tesla any favors recently but to blame him for what’s going on misses the mark.
Tesla was not worth that valuation, it was pure speculation.
Tesla was not worth that valuation, it was pure speculation.
Posted on 12/17/22 at 9:08 pm to JimMorrison
quote:
These two goobers are ignoring the fact that TSLA has been overvalued for an extremely long time.
Exactly.
It's still overpriced now.
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