Tesla 2023

[deaddog]

That's rumor, I seriously doubt Elon will ever sepnd anything more than a token on traditional media for car sales pitch.

Last time he put a Tesla on a rocket, wasn't that cool enough for the Gen Z?

Every cent spent takes away from the bottom line. Maybe a decent ad campaign will help.
You've heard of selling ice to eskimos, it's amazing what a good salesman can do.

 

[VicBee]

It's not a matter of whether or not Tesla does anything positive. Warm, fuzzy feelings are Fanboi stuff. Profit margins are all there is for short or long term investors. Something you just don't get.

Reality, ie current price, is even above margins in importance. And current reality TSLA is still -$229.83 (as of Fridays close) below ATH after more than a year's time (386 days). Even with $72.04 retracement off 1/3/23 low.

View attachment 315405

But getting back to what is said above, haters (other than those who might go short, I don't short stonks) mostly don't cause prices to drop. Lack of enough buyers, fanbois otherwise, does.

Cathy Woods lost many of her big backers with "disrupter" collapse into end last year. Who'd a thunk it.

Nice graph
For a trader Tesla in 2023 is like shooting fish in a barrel:
01/03@101
02/15@225
03/15@170
04/01@220
04/28@152
05/23@190

Tesla up 14% since 5/16 shareholder meeting.

 

[VicBee]

For context:

 

[SunTrader]

Cherry pick much.

 

[maxinger]

For context:

View attachment 315529

View attachment 315530

View attachment 315531

All downtrend.

 

[VicBee]

Cherry pick much.

I'm like you, I cherry pick what suits my argument, except I picked the 3 US automakers ATH in the last 5 years. And you know what? They all peaked at around the same time.

 

[SunTrader]

Number# 1 since the top lol Which is typical of stocks that are over-valued beyond their peers. They drop more. Time and again. Nothing to fault Tesla or pumper Musk wink wink. Tech wreck got many others as well.

 

[mervyn]

Number# 1 since the top lol Which is typical of stocks that are over-valued beyond their peers. They drop more. Time and again. Nothing to fault Tesla or pumper Musk wink wink. Tech wreck got many others as well.
View attachment 315586

Tell me more about Ford. When will it come back to $16? I got 300 shares assigned for more than a year now, still in red.

 

[VicBee]

Number# 1 since the top lol Which is typical of stocks that are over-valued beyond their peers. They drop more. Time and again. Nothing to fault Tesla or pumper Musk wink wink. Tech wreck got many others as well.
View attachment 315586

If you look at my graphs, since their ATH (your consistent pick to dismiss TSLA) F has dropped slightly more in % than TSLA. GM is a consistent loser.

 

[SunTrader]

If you look at my graphs, since their ATH (your consistent pick to dismiss TSLA) F has dropped slightly more in % than TSLA. GM is a consistent loser.

Umm no.

-54.641% (TSLA) is more than {not good}
-52.241% (F) and
-49.437% (GM)

or Tesla is still down more than Ford and GM is down the least.

Even with TSLA coming back the most of the three, percentwise, off their respective lows.

That is the reality.