this post was submitted on 10 Mar 2025
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[–] RedditWanderer@lemmy.world 30 points 6 days ago* (last edited 6 days ago) (1 children)

He likes that particular slope.

Someone has to overlay his "totally casual salute" on the graph

[–] CaptDust@sh.itjust.works 36 points 6 days ago (2 children)
[–] chairsushi@discuss.tchncs.de 2 points 4 days ago

👏👏👏

[–] degen@midwest.social 4 points 6 days ago (1 children)

Was gonna say I think they meant marking the point in time, but did you line that up perfectly?

[–] saltesc@lemmy.world 26 points 6 days ago* (last edited 6 days ago) (3 children)

Looking at the last 3 months of Tesla stock is pointless and zooming in on graphs is cherry picking the narrative you want to hear, but the truth is it's just another bear off the last Tesla bull...

...which happens all the fucking time with Tesla.

It's notoriously one of the most volatile stocks on the market for bull and bear rushes which makes it more popular for buying and shorting, in turn making it more volatile.

As it stands, it has grown healthy, looks stable, and most analysts recommend to hold current stocks or buy, especially considering revenue reports.

These three month graphs never have and never will be the true story of Tesla stock.

It's literally just correcting back to normal value post the last ride of volatility around elections. And it's still not there yet.

[–] Lumiluz@slrpnk.net 6 points 4 days ago

Based on your own data, this is the steepest, largest, and fastest drop so far Tesla has had.

Sure, taken in isolation, it's just another random chance data moment. But considering there's a direct correlation with a growing boycott AND sabotage of Teslas, it would be idiotic to think this drop won't continue. This time it isn't based on company decisions and financial performance but rather on societal ones.

[–] CaptDust@sh.itjust.works 25 points 6 days ago* (last edited 6 days ago)

This is a good, thoughtful analysis based on historic trends.

Where does the model factor in president musk weilding a chainsaw, driving blatant regulatory capture, the brand value becoming toxic waste, deliveries diving off a cliff, impending tariffs and foreign competition gaining ground both economically and technologically?

Inb4 "its an actually AI robotics company and nothing happening with cars really matters"

[–] eran_morad@lemmy.world 7 points 6 days ago (1 children)
[–] saltesc@lemmy.world 4 points 6 days ago (1 children)

It's already come down to 112? That's depressing.

[–] martyman@lemmy.world 1 points 14 hours ago

Over here in Europe, a lot of folks are steering clear of the brand. With so many solid alternatives out there, it's hard to justify going with Tesla anymore. Elon's antics have pretty much killed the view that Tesla is the most advanced option on the market.

[–] chmod755@feddit.org 5 points 4 days ago

Elon is trying to do everything at once (X, TSLA, DOGE) and it's just not working.

Boycott all of his companies

[–] Raiderkev@lemmy.world 9 points 6 days ago
[–] iAmTheTot@sh.itjust.works 8 points 6 days ago

Good start.

[–] corroded@lemmy.world 7 points 6 days ago

It's nice to read some good news for a change.

[–] Justas@sh.itjust.works 6 points 6 days ago

It needs to become a penny stock it really is.

[–] earphone843@sh.itjust.works 5 points 5 days ago

This sparks joy

[–] expatriado@lemmy.world 6 points 6 days ago (1 children)

just concerned Elon will compensate his declining wealth, due to lower sales revenue and stock valuation, with some even more corrupted means

[–] alvvayson@lemmy.dbzer0.com 8 points 6 days ago (1 children)

People really don't understand what Musk and Trump are doing.

The future is BRICS, the West is in decline. They are selling out the West in exchange for assets in China, Russia and, primarily, Saudi-Arabia.

When this cluster fuck is over, they will be extremely rich. Possibly even trillionaires.

[–] grue@lemmy.world 1 points 6 days ago

The warmongering about Canada, Greenland and the Panama Canal Zone is an attempt to gain a monopoly on trade (Panama Canal and Northwest Passage).

[–] PanArab@lemm.ee 5 points 6 days ago

Still overpriced

[–] eran_morad@lemmy.world 4 points 6 days ago

PE 112. Shit has wayyyyyy more room to fall.

[–] BeefPiano@lemmy.world 4 points 6 days ago

It’s now at the lowest it’s been in 6 months and still falling

Musk is fine for now. Continuously failing at business is right up Trump's a... lley

[–] drdalek@lemmy.dbzer0.com 2 points 6 days ago

Let it all burn. Watch the billions bleeds from their accounts

[–] danc4498@lemmy.world -5 points 6 days ago* (last edited 6 days ago) (2 children)

This is just a correction. It is a little overpriced and is just getting back down to its actual value. It should settle around the $100 mark. Nothing to see here.

[–] Gullible@sh.itjust.works 13 points 6 days ago (1 children)

100? It’d be severely overpriced at 25. If the stock market weren’t feels-based, it’d drop to <10

[–] Zorque@lemmy.world 3 points 6 days ago

The stock market is feels based. That's what the stock market is all about. The feelings of investors.

The problem is that their feelings aren't based in the wellbeing of their fellow people, it's in their bank account.

[–] CaptDust@sh.itjust.works 3 points 6 days ago* (last edited 6 days ago) (1 children)

I struggling if this is sarcasm, because I've seen similar authentic sentiment from xitter. But if not, I really hope you're still holding your bag. It will be good for your portfolio.

[–] danc4498@lemmy.world -1 points 6 days ago

lol, if I’m holding my bag until it hits 100, you have my permission to take me out of my misery…

But in all seriousness, it probably is just a correction because it has been overvalued since the beginning of time.