It’s beautiful.
Fucking fire Elon so Tesla can actually make good shit. Honestly man, Elon could’ve just stfu and collected money.
Crash, bitch, crash!
Taycan purchase continues to be vindicated
It’s up over $60 from where it was at this time last year, so there’s still work to do on this clearly overinflated stock
Tesla has been over inflated for years now. At one point (for quite a long time) it was worth more than every other major auto maker combined despite having pitiful profits relative to Toyota or many of the other players.
We aren’t stopping here😈
Next up: Elon sueing car drivers for not buying his swasticar just like he tried on twitter with advertisers.
He will just buy them himself, look at the sales numbers in Canada… 8,600 cars in 3 days! In Canada…
That’s a very low effort fraud, by the way
I think the canadian Feds are looking into that, and I hope they fine the ever loving crap out of him.
Is it wrong to think that people should go to jail for fraud instead of just fines everywhere?
No not at all, i have just given up all hope on seeing any kind of justice like that in the united states.
Suing people for not buying tesla stock and suing those who sell it.
Nikola spinning in his grave so hard, EVs can charge up there.
More dramatic to say $320 billion in market cap has been destroyed.
It seems it’ll sink on to 252 the moment the markets open, if I understand Yahoo finance correctly.
I don’t really understand what the pre-market value is, but it seems to mean the value keeps on fluctuating even after the markets close and no stocks formally trade hands. And it looks like Tesla is going to have yet another rough day.
I don’t feel bad for any of the idiots losing their money on this. They all had plenty of time to get out - if they sold after the CEO made a nazi salute they would pretty much get out on top. Whoever is a shareholder deserves anything coming for them. (Sadly that includes myself, indirectly through the Norwegian sovereign wealth fund. Bummer. Oh well, I had it coming.)
Edit: Half an hour after the markets open the stock has dropped to ~241. Lol.
Shorting Tesla stock sounds almost like a foolproof way to make money these days…
Sure, but entire fortunes were lost shorting Tesla in the past as well. It has been wildly overvalued for ages and it still is ridiculously overvalued, but I personally wouldn’t bet on it.
Oh wow
Thanks for reposting my post!😄
![[u/AdaXaX] We have power! Tesla’s stock is now 100$ less worth than one month ago. Keep the boycott spinning! Buy from the EU only!](https://feddit.org/pictrs/image/62714b19-8b16-4ee0-8245-713a4dcc9ac1.jpeg){kind=link}