Till it rains.
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tsla worth more than walmart, even though wmt did $500 billion MORE in revenue
- Thread starter S2007S
- Start date
Till it rains.
Till it rains.
Not a lot of wet grip could be an issue, have to use car then simple.
you're not pricing in the fact that tesla will make every mode of transportation from now until 200 years from now.
Tesla is losing market share all over the world. That's a fact.
The fact that "tesla will make every mode of transportation from now until 200 years from now." is not a fact it is a guess. In 200 years only we will know if it is a fact.
Facts are more valuable than guesses.
Here some more facts:
https://electrek.co/2020/08/13/tesla-sales-sliding-europe-competition/
Sales of battery-powered cars in Europe rose 34% to 217,495 in the first half, according to data from JATO Dynamics market researchers. Tesla’s European sales were down 18% to 37,251 during the period.
The reports then breaks down several European markets where Tesla’s sales are crashing, while the competition is taking over from the California-based automaker who used to be the market leader for EVs in those markets.
https://www.zerohedge.com/technology/tesla-crushed-germany-evs-vw-renault-hyundai-group
It has been a very ugly year in Germany for auto sales, except for EVs. The overall new vehicle market in Germany has plunged by 30% in the first seven months of 2019 to 1.526 million units. But EV sales have skyrocketed by 65% over the first seven months, after having already skyrocketed by 88% in the same period in 2019, according to KBA, the German agency that handles nationwide new-vehicle registrations. Year-to-date, 61,105 EVs were sold, giving EVs a share of 4% of total new vehicle sales, up from less than 1% in 2018.
But Tesla got crushed. Its sales over the seven-month period fell from 6,816 in 2019 through July to 5,306 over the same period this year, and its share in the EV market plunged from 18.4% to 8.7%.
Its all about future earnings. That stock price is predicting everyone will be buying a Tesla.
TSLA is clearly in bubble mode, at some point it will pop, maybe after the stock split it will continue going up for a while in September. Maybe it reaches $500billion market cap in September.
But there could be a large correction/crash starting in October.
But there could be a large correction/crash starting in October.
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Its just a matter of time bro.Not a lot of wet grip could be an issue, have to use car then simple.
No, that stock price is predicting that Tesla will grow to become one of the world's biggest companies.Its all about future earnings. That stock price is predicting everyone will be buying a Tesla.
If you played your cards right, that's all is needed to become a multi millionaire...TSLA is clearly in bubble mode, at some point it will pop, maybe after the stock split it will continue going up for a while in September. Maybe it reaches $500billion market cap in September.
But there could be a large correction/crash starting in October.
If you played your cards right, that's all is needed to become a multi millionaire...
99% of the average joes who buy stocks are still no multimillionaire.
This means that they missed many opportunities the last years: Apple, Tesla, Facebook, Amazon, Google...
Conclusion: playing your cards right seems impossible for the majority.