TSLA Crashes to $5 per Share

[Rams Fan]

Just let this sink in

Because what else would the CEO of Tesla be doing as his stock is down 60% from its all time highs?

 

[Rams Fan]

Then tell me who were buying 30 billion of his shares, not retail for sure.

Kathy and other loser funds like hers. I'm not saying no institutions are buying. I said specifically and explicitly that FEWER institutions now own TSLA shares than the previous quarter, and that is the first time since Tesla went public that happened. Historically, that has been a pretty good sell signal in and of itself.

Also, 30 billion shares? Or $30 Billion dollars. 30 billion shares in about 309 days of average volume, is it not?

 

[Cuddles]

Both of these clowns have me blocked, and yet they just can't keep away from me. What's the point of blocking someone if you are fatally attracted to that poster?

I don't care if you block. The whole ET could block me and I'll just keep the conversation in my head going. I have plenty of company in here. But if you're going to block someone, have the balls to really turn your back on them and stay away.

Weak, weak, weak.

View attachment 301668 View attachment 301669

ET's buggy so even if ignored/blocked, you still see the threads in main page so lots of times you respond to thread title and/or others in the thread. Smallfill is a pussy tho so no argument there. Maxinger's been on block forever as there's never any value there.

 

[ET180]

Well, it is down 62.53% over the last 409 days. It's down 47% in 78 trading days since its last split marked close to close.

Daily chart shows a stock under massive, massive distribution with far more down days on well above average volume than up days on above average volume.

I'm not sure I'd agree that it is holding up ok.

View attachment 301643

Since TSLA didn't hold $165, I'm looking at $140 give or take. If $140 doesn't hold then she's going to par and will need to hold within -3 points of par or then it really is over.

Kinda middle/bottom of the pack YTD. Worse than Amazon, better than META. About 2x as bad as MSFT and AAPL. No doubt, it has had a bad year. Back to 2020 levels.

 

[iprph90]

I view TSLA with a cult following like AAPL.....I can see some value at P/S around 4.
The other issue is a decrease in market share as new EVs hit the market in the next few years. A sub $30k EV is essential for any competitive edge IMO.

 

[Rams Fan]

I view TSLA with a cult following like AAPL.....I can see some value at P/S around 4.
The other issue is a decrease in market share as new EVs hit the market in the next few years. A sub $30k EV is essential for any competitive edge IMO.

Good stuff!

 

[Rams Fan]

Kinda middle/bottom of the pack YTD. Worse than Amazon, better than META. About 2x as bad as MSFT and AAPL. No doubt, it has had a bad year. Back to 2020 levels.

Nice chart. Reminds me of an acid trip I had last week years ago.

 

[murray t turtle]

The original chart (the OP) is wrong.
Stocks like that trade in percentage terms:
"I'm up XX percentage in my Tesla shares."
No professional Money Manager will say
"We are up 150 bucks on Tesla"
Maybe it has a H&S top, but it is really a small top.
(I'm no fan of EVs)

View attachment 301663

%%
LOL exactly/ they're also buying/off TSLA/turtle channel/ don channel.
NOT a prediction.
Most likely i will never buy a EV. I may take one for free if dems start giving them away\LOL Like Betty says '' i like the smell of gasoline''
Looks like TWTR is doing much better, especially with all the non professional media trying to bring a private co like that down/But if FRI + MON close down/ TSLA\ look out below.

 

[Cabin111]

The main reason I am not buying Tesla at these prices...Collision centers. They have never arrived. All other established (gas/diesel) car companies have service/collision centers. They are moving to EV and can service their cars/trucks.

Tesla owners know the problems they have to deal with, if/when they get into a crash. It was cute and novice to wait a month+ for repairs and parts. Now, it's just frustrating!!

Just looking on the map (Tesla's) for an example...

If you got into a fender bender in Boise, ID you would have to send the car (on a tow truck), to either; Seattle, San Jose, Las Vegas, or Denver for repairs!!

Chew on that one...

 

[Rams Fan]

Chew on that one...

As elon would say, "let that sink in."