#Tesla #Teslastock #yahoofinance
Yahoo Finance autos correspondent Pras Subramanian joins the Live show to breaks down Tesla’s stock action.
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No, it’s not !
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I understand the enthusiasm for Tesla going into 2023 but another 40% cut to the stock price would be even better. Why I say so? Because the lower the stock goes, the bigger the potential for a movement upward. The more convenient the price, the less risky the investment. Panic selling for no reasons is the best friend of people sitting on chash right now. I am waiting patiently.
@safewaycart
Another possibility: Elon saw the writing on the wall, dozens of other EV cars coming on the market. Super bad Tesla reliability numbers. He realized that Tesla’s good times were numbered.
Maybe Elon thought “well, that was fun for a while, now I’m bored and I need to get out with a flash”
@safewaycart
Yet another possibility, Elon is known for manipulating the stock market.
Maybe he’s trying to crash the Tesla stock, then buy it at low price? Maybe insider trading?
@Lumberjack Dreamer Elon lacks excitement for sure. He is bored and recently slipped on the hard floor many times out of his own boredom. He clearly needs discipline: if you want to be a rockstar at any cost this is the price to pay. So: no good news for Tesla. Where are the new models? If Tesla is not working on new cars right now this means in two years you are not going to see new models, save for the pick-up truck. Other brands meanwhile are catching up and competition is getting new attention. If you are considered a premium brand you don’t sell cars at a discount unless the price is the only variable you can play with. There is no easy way out of this mess.
@Lumberjack Dreamer Uhm, Elon miscalculated many things. Now he is licking his wounds and taking his time away from the spotlight in order to regroup. I dont think he will put in place other new weired initiatives. I guess you will not see him again for weeks if not months. If he is lucky the entire market will correct even more in the next months so he will blame the recession for the poor performance of the stock.
@safewaycart
Yes, I agree. Tesla was great when it was the only high performance EV. But many other models are coming to the market.
It’s regrettable that it took so long for other manufacturers to develop their EV.
Tesla will fade in the background and Fox News will whine and cry.
Despite the fact that I invest, I am saddened by my inability to evaluate each company’s performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I’m not sure what to do.
Particularly in this weak market, there are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
@Evan Quiel yeah right!!!
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You don’t need to evaluate individual stocks. Become an index investor and beat most stock pickers. VTSAX. The Boglehead way!
It’s been 99 years since we’ve seen a green tsla day
If it goes from red to green wait 3 days.
Wow! 😮
It was green today
@William Read I bought allot of shares yesterday at 110. Bargain basement prices. Could possibly see that again if we go into a recession. But I’ll just buy more shares on dips. Long term growth potential for Tesla is excellent. No competition and no debt, plus a few billion in cash reserve.
@Andre Rodriguez Exactly. There is “competition,” but they currently aren’t scaled for profitable EV production. The IRA credits will mainly benefit Tesla and GM. Other carmakers still had the 2010 EV credit available because they never reached the cap. Finally, main competition for Tesla is BYD.
dont talk to removed elon ceo. he is the center of tesla
Elon is now a liability. He needs to go
That’s what they say about Steve job the history don’t lie Elon will pass a transformation for the better you will see you don’t remove a genius
@Carlos’s Sandoval lucas
I’m sorry, you’re making a mistake here.
Steve Jobs founded apple, then was ousted, and then returned years later.
Elon did not found Tesla. The original Tesla were ousted by Elon.
I’m hoping Elon goes away and the original Tesla founders come back, like Steve Jobs came back. They were the geniuses. Elon is a showman.
Making news for going up 1%.
Musk fanboys will cheer over anything. Lol.
Yup, they are in denial. Also, don’t believe in their rally call to buy their stocks now because all experts have been saying all along the true value is between 50-100
Puts or calls tomorrow?@all
Calls
@German Shepherd Daphne Channel agreed
suuupper creative video
Where’s elon??Elon??? Now he’s quiet? What a turkey
He’s busy solving the challenges of growth.
That’s funny because normally he never shuts up
Basic analysis of competitive position reveals the vulnerability of other car companies. The debt burden on legacy is horrific. A recession in the car market is going to kill the weak. This is a sentiment issue generated by dullards without the capability to understand sustainable competitive advantage.
competitive advantage? tesla cars are OLD and BORING!
Go back to 2020 and see what NIO CEO says about Tesla. Chinese customers who has money to buy EV want to buy Tesla instead of domestic brands. Go have look in the LV or Gucci store, there are always Chinese people. Competition over short term or long term is no match to Tesla. Just wait and see
That’s temporary. China decided to be number one in EV.
Wait a few years, you will see. I predict the Chinese government will crush down Tesla, seize the Shanghai factory and destroy Elon.
@Lumberjack Dreamer Elon is already preparing that capitalism doesnt work in yet communist government so he is fleeding to South Koea. Which picture dont you get ? Does Chinese use Chinese smart phones or iphone ? If you have any chinese friends, look around. Same thing will happen for cars. The demand for Tesla will be at least consistent. Over years, performance and technology will tell they want to move to Tesla cars.
Chinese brand BYD sold more EVs than Tesla.
@돈차
It’s different because of the Chinese government plan. Their plan is to become number one in 3 domains:
– batteries
– EV
– solar panels
China is the most extreme capitalist country, and it’s also an authoritarian regime. That’s not a good combo. They’re super laser focused on their goals. They don’t care about cell phones because it’s just not their priority goal. But they care about becoming number one in EV. And already, you see BYD growing super quickly.
China and Tesla have a very peculiar arrangement about the Shanghai factory. Have you read about it? Research it, and you will understand how China can legally take that factory from Tesla.
Whatever! He needs to release the crooked government stuff! WE ALL DESERVE TO KNOW
Corruption at it peak
Okay. That statement means nothing.
@Andre Rodriguez nor does yours.
@Na 😂
Keep on buying in, buy buy buy.
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