Comment by tripleee
2 days ago
> TSLA continues trending downward
uh.. zoom out a bit? The stock price is double what it was two years ago
2 days ago
> TSLA continues trending downward
uh.. zoom out a bit? The stock price is double what it was two years ago
But you'd expect if this were being treated as a likely success for Tesla the announcement would have caused a price bump or at least a reversal of the trend.
Also 2 years ago is a pretty specific time point where it was near the lowest it's been looking back a less random 5d, 1M, 6M, 1Y and 5Y it's only up on the 5Y chart and that's a relatively meager 25%.
Dude it's a supercar that like 1000 people can buy, this thing is a rounding error. Lamborghini's revenue was $3B last year, Tesla's was $94B. Supercars are barely a market.
You'll see the stock go up when Robotaxi and the Semi hit the market.
> You'll see the stock go up when Robotaxi and the Semi hit the market
Robotaxi is trying to enter an already crowded market and isn't exactly flourishing there. I'm still seeing every one in Austin with a human behind a steering wheel.
As for the Semi, yeah, if it actually comes to fruition. But like all things Elon ... let's wait and see.
2 replies →
Not the base model, the base was supposed to be more generally available for regular rich people not just hypercar people.
I suppose I should have written "continues recent downward trend." One would hope that a huge marketing investment like this would help hype the stock, no?
You're arguing that correlation = causation
There are 1000 variables that go into it
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