Tesla Crashes 12% On S&P Snub While Analysts Question Profitability, Demand And Liquidity

It was not mind blowing, it was insanity. Monday after the split at its peak, TESLA probably was worth more than all other car companies combined. But true believers were insisting on 1/2 trillion as fair valuation, the argument was, that we mere mortal do not understand that TESLA is not a car company, and therefore valuation was warranted.
 
i traded on it. been short tesla for the past week amd half right into the split. you increase the # of shares you increase supply of shares.

12% isnt even a crash yet. just wait until china threatens to boot them due to the satellite company or trumps dumbass
 
RedDuke said:
It was not mind blowing, it was insanity. Monday after the split at its peak, TESLA probably was worth more than all other car companies combined. But true believers were insisting on 1/2 trillion as fair valuation, the argument was, that we mere mortal do not understand that TESLA is not a car company, and therefore valuation was warranted.
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I posted that valuation awareness dozens of times on the rally higher. Its still valued at extreme valuations but the herd will still buy. Im sure it runs back up to 425-450 on battery day hype.
 
Just proof to the fools who think stocks only go up. Here is a lesson learned that all stocks eventually come plummeting down.

Tesla had its worst single day loss in its history.

No one saw this coming. I dont care how many people think they can read charts and follow trends.




Tesla falls 21%, worst single-day loss in its history
PUBLISHED TUE, SEP 8 20206:32 AM EDTUPDATED 2 HOURS AGO




https://www.cnbc.com/2020/09/08/tes...t-in-premarket-trading-after-sp-500-snub.html
 
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