At $7000+ profit per vehicle, they are doing okay
1 Like
What kind of anti glaring Musk comment is this?
Musk has every incentives to make a better car/product and help his clients. Business 101 Dustin.
Maybe youâve never heard of a cost benefit analysis. Carmakers have routinely put corporate profits over safety. Really this isnât something unique to Elon or even to the car industry.
Iâm looking at results here, when I see the article like I posted above and similar type of situations, I wonder if heâs spending more effort on the sizzle than the steak. Thereâs plenty to criticize Tesla over, and their high profile likely attracts more attention to the criticisms but that doesnât mean they arenât valid.
But really, thatâs my opinion. You donât have to like it, or agree with it.
Yea, how is Tesla doing?
That is your answer.
https://www.cnn.com/2024/01/25/investing/tesla-stock-drop-china-sales/index.html
Well⊠This week wasnât great for Tesla.
Shares in Tesla plunged 12% Thursday, wiping $80 billion off the companyâs market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals.
Teslaâs stock suffered its worst day in 21 months and closed at its lowest level since December 2022. Since the start of 2024, the companyâs market capitalization has fallen by $210 billion.
Not great right now. So thereâs the answer.
1 Like
Down 30% the last six. Things arenât going well. But keep trying to dig yourself out of that comment.
âŠand over 1 year? Stocks evolve and Tesla is way above where it was a year ago. Deal with it. You have to know when to hold them and when to fold them. Basic trading advice.
Tesla is doing well especially compared to USA manufacturers. BYD is a major threat in the future.
Being above where you were a year ok is not doing great.
So Tesla is doing ok over the last year, awful the last 6 months.
Things arenât great as I said. Keep digging though.
Toyota is kicking their butt recently.
Not in EVs. Hybrids have become the cars of choice lately.
Stock price is simply a guess at future earnings. I donât see anyone moaning about Appleâs decline.
Toyota doesnât focus on EVs. The market is the best we have to value companies and Toyota is doing really well. Itâs not perfect but calling it simply a guess is a bit much.
And Apple isnât down 30% over the last 6 months or people would be. They arenât doing poorly at all. Weird comp.
1 Like
You do not understand how stocks work. When you do get back to us.
Lol, how so? Iâll wait. Dispute something I said.
I understand the stock market plenty well. Feel free to show otherwise.
Truth is, youâre just trying to jump out of this discussion which is typical. You said something goofy and tried to talk your way out of it. It didnât work so now youâre just going to act like I donât know what Iâm talking about.
2 Likes
Goofy? Jumping out? Keep it up buddy.
Yep, I know your playbook. And youâre continuing it.
You canât debate something and you do this.
You know where you can find your playbook?
See what I mean. We all see your game man.
1 Like