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re: Tesla tanking

Posted on 3/10/25 at 5:39 pm to
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 3/10/25 at 5:39 pm to
Well down 15% normally doesn’t happen unless something catastrophic happens
Posted by Auburn1968
NYC
Member since Mar 2019
25198 posts
Posted on 3/10/25 at 5:48 pm to
Musk joined with Trump and a lot of his "climate change" oriented Tesla buyers are dems.
Posted by CoonassatTEXAS
Austin, TX
Member since Nov 2005
1243 posts
Posted on 3/10/25 at 7:20 pm to
ummm it's gone down quite a bit since that comment was made...
Posted by texag7
College Station
Member since Apr 2014
40704 posts
Posted on 3/10/25 at 7:28 pm to
I sunk my entire savings into Tesla this afternoon
Posted by bayoubengals88
LA
Member since Sep 2007
23512 posts
Posted on 3/11/25 at 11:13 am to
quote:

hawgfaninc
Posted by LSUSLU106
Member since Mar 2015
696 posts
Posted on 3/11/25 at 3:16 pm to
Just keep accumulating and ignore the noise
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
148434 posts
Posted on 3/12/25 at 9:41 am to
I sold yesterday at the bottom at $224, my timing is unmatched
Posted by mmmmmbeeer
ATL
Member since Nov 2014
9839 posts
Posted on 3/12/25 at 11:22 am to
There are so many suckers in on TSLA. Trump, in an extraordinarily odd act for a POTUS, does a photo op with Musk and says he's going to buy a Tesla and the stock jumps considerably? Nothing changed with the financials, P/E, struggling revenue, lack of new tech, etc., just a Trump photo op and the Muskites buy, buy, buy.

I'm not sure if TSLA is better or worse than crypto at this point.
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15674 posts
Posted on 3/12/25 at 11:31 am to
I find it so fulfilling watch an extreme left wing individual have a panic attack about a car company
Posted by LSUSLU106
Member since Mar 2015
696 posts
Posted on 3/12/25 at 11:32 am to
Lack of new tech go buy Apple you clown
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
148434 posts
Posted on 3/12/25 at 11:49 am to
quote:

mmmmmbeeer

Posted by Hitman67
Lumberton, TX
Member since Jul 2024
269 posts
Posted on 3/12/25 at 2:43 pm to
ummm it's gone down quite a bit since that comment was made...


Really?
Posted by Dumpster Diver
Member since Mar 2025
153 posts
Posted on 3/12/25 at 2:58 pm to
I wouldn't get too excited about this one day pop.
It can't go down in a straight line every day
This post was edited on 3/12/25 at 2:59 pm
Posted by buckeye_vol
Member since Jul 2014
35373 posts
Posted on 3/12/25 at 3:39 pm to
For years, I've felt that while Tesla's valuations didn't make any sense, I was still bullish on the company itself. In other words, maybe it was overvalued, but the outlook was still quite positive.

But the last year or so, has completely changed my view, due to a combination of the market headwinds (less demand for electric) and honestly absolutely befuddling decisions starting with the cyber truck.

I personally think every other Tesla model is sharp, and I've thought about buying one. And I'm kind of the target demo for one. Yet, despite my kids thinking it's really cool, if someone was giving me a free vehicle, the Cyber Truck would be near the bottom of my list, and I can't think of a vehicle I would put below it. It's so damn ugly, and I usually don't really care that much about it.

And I don't know who the target demo is for one, because the 2 people I know with one, a guy my neighborhood and my friend from high school, what they have in common is that they've owned other Teslas, and I would be surprised to see them with a normal pickup truck. And besides my kid and those who own one, everyone I've talked to has agreed when I said it's ugly as hell.

This may not have been as big of a deal if they were releasing other new models, and maybe targeting a new demographic, but there has been nothing.

But what really made me bearish is when he was making employment cuts and basically told all heads of divisions/departments to make blanket cuts. Specifically supercharging stations are probably the area where they have the biggest advantage and biggest advantage moving forward. Yet, when the head of that division came back and said she can't make those cuts, Elon just fired her AND THE ENTIRE SUPERCHARGER division.

Some were eventually rehired, but this it what made me really question whether Musk was actually a good CEO at all. If he was in the past, then he wasn't acting like one now. And then they're whole robo taxi and robot exhibition only validated that point, because that was just baffling.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28322 posts
Posted on 3/12/25 at 4:03 pm to
quote:


I sunk my entire savings into Tesla this afternoon


Wow, I didnt know you could buy fractional shares of Tesla.
Posted by Mushroom1968
Member since Jun 2023
5306 posts
Posted on 3/12/25 at 4:15 pm to
mmmmmbeeer


It’s just 4 years bro, go seek therapy and you’ll be good to go in a year if you go 3 times a week. Calm down and relax. We appreciate you standing up for us against Trump and Elon.
Posted by jordan21210
Member since Apr 2009
14132 posts
Posted on 3/12/25 at 4:37 pm to
quote:

Specifically supercharging stations are probably the area where they have the biggest advantage and biggest advantage moving forward. Yet, when the head of that division came back and said she can't make those cuts, Elon just fired her AND THE ENTIRE SUPERCHARGER division.

Ketamine is a hell of a drug.
Posted by TigerDeBaiter
Member since Dec 2010
10670 posts
Posted on 3/12/25 at 6:22 pm to
quote:

I could see it falling another bit to 220/250 Mind the gap…


Bought at $220

We’ll see if that’s the low

Gap filled
Posted by mmmmmbeeer
ATL
Member since Nov 2014
9839 posts
Posted on 3/17/25 at 12:58 pm to
Down another 5% today with these lovely comments from JPMC. His target is only ~50% of current price.

"JPMorgan is the latest investment bank to cut its delivery forecast for the company. Analyst Ryan Brinkman now expects Q1 deliveries of 355,000, down 8% year over year and down 28% from the 495,000 reported in Q4. Brinkman’s new estimate is substantially lower than the firm’s prior estimate of 444,000 and 15% below the Bloomberg consensus estimate of 418,000, he said.

In cutting the firm’s price target to $120 from $130 (one of the Street’s lowest), Brinkman didn’t mince words.

“We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly, with perhaps the closest example being the decline in sales of Japanese and Korean brand vehicles in China in 2012 and 2017,” which stemmed from deep trade disputes, Brinkman said.
"
Posted by DawgCountry
Great State of GA
Member since Sep 2012
32425 posts
Posted on 3/17/25 at 1:07 pm to
you are just giddy aren't you. anything to help you feel better about OMB I guess
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