By the by Elon recently said that he was going to double Texas production over the next 2 years.
Probably in tandom with his Corpus Christi Steel Plant coming on line.
So he’ll just make cars no one is buying. Good for him.
I’d be angry if I was a Tesla shareholder.
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It’s really bad …
- The current backlash against Tesla across the U.S. and Europe likely has no comparison in the history of the automobile industry, the bank warned, slashing its first-quarter delivery forecast to 355,000 vehicles and reducing its price target to $120 per share.
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Don’t think I’d heard of that.
Started buying Tesla on these declines. Over the years, I’ve watched short sellers try to make money off Tesla. Short sellers have lost their arses betting against Tesla. The biggest one, Jim Chainos, has been relegated to obscurity .
That’s a bumper sticker for your Tesla
Over 10 years ago Tesla was at $1.40 per share.
So at $120 to $140 that is more than 100 times that old share price.
Pretty sure that would be of minimal comfort to stockholders if that price target came true
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Yeah, $120/share would be really, really bad for TSLA. That’s over half their value.
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Doesn’t take into account stock splits
They had 2 in 2020 & 2022. If you bought a share in early 2020, it would be worth 15 shares today
Their P/E is comically high and sales are plummetting. I suspect when they report next quarter numbers 120 may be a high estimate.
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Like I said, folks have lost a ton of money betting against him
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The panels are glued on. The quality and finish has always been an issue for Tesla
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Have any examples?
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