Same at Facebook while every one was focused on Twitter they fired a bunch of people
Tesla dropped 65% in 2022.
Facebook / Meta dropped 64%.
Netflix dropped 51%.
Amazon dropped 51%.
Guess all these tech stocks also dropped because of Elon.
Note that Tesla compared to these (or actually virtually any other stock) also increased at a rate unrivalled by any of these other tech stocks in the last 3 years.
Tech stocks on the bounce up since the beginning of this year. Tesla is up 29% from it’s lowest low a few weeks ago. Easy money if you have been DCAing
How did other car manufacturers do compared to Tesla?
Legacy automaker like GM has been hovering in the range of 30-60 USD dollars for the last 5 years.
Terrible ROI. So yeah they haven’t dropped much but they haven’t increased much to begin with.
Most legacy automakers are similar to GM, if not all of them. (I don’t know I don’t analyse all of them as I don’t care about legacy automakers and their incoming implosion and irrelevance.)
Whereas Tesla went from 15 usd to 400+ usd in the space of 5 years. That’s +2566%
It went down last year 65%. And now back up 30% from its lowest low last weeks.
Had I put my money in crap like GM and the likes I’d have made little to no money. However, my tech portfolio made me decent profits and as I mentioned many times before I have gone all in on Tesla, selling most of my other holdings to buy more Tesla and I have been buying more every week it kept falling. Because I am convinced it’s a great long term hold for reasons I have also laid out many times on here.
When I read the usual anti-Musk or anti-Tesla comments I hardly ever see it backed up by proper articles. It’s just most of the time some hearsay, assumption and straight forward lies, easily refuted.
What’s the bar for proper articles? Cos Cristo shared a BBC article in the Musk thread and you replied with an article from an outlet called “Teslarati”, a name that clearly screams impartiality lol
BBC, as if they never have lied or served agendas. Hihi. The trusted beacon of trustworthy news. Lol
Here is the same information as my previous link, but maybe Reuters is better for you?
He produced a source. For a claim which was meant to ridicule Musk I guess? In fact it shows to this contrary: his business acumen.
That’s what I mean. Either the haters provide no source for their claims, or they claim something that must supposedly be negative but in fact turns out to be a positive.
Price cuts bolstered demands. Stock is 30% up.
Anytime you need information verified regarding Tesla or Musk, I am at your service Jakey.
I miss the days when you used to repeatedly tell us how Musk was the man to fix twitter.
Who says he won’t? Rome wasn’t built in a day. It’s been just 3/4 months. Also this is the Stonks thread.
I thought moderators were a bit more alert for posting in the right thread about the right topics.
I said I miss the days when you used to say it repeatedly
No you didn’t
Lets not act like you don’t live an excuse to type words about Musk, you barely even need encouragement
Tesla reported Q4 earnings yesterday.
Stock already another 10% up pre-market.
If you have been DCAing like I have, the returns are great since the start of this year.
Wait, what? Tesla reports record revenue and beats on earnings? How… is that possible? Musk is useless and Twitter and my echo chamber tells me Tesla bad, Musk bad.
This is of the entire year / YoY:
Blue is projected - red is realised. So, time after time beating expectations.
Key Highlights of the earnings:
What a dumbo Musk is, all these YoY increase in production and profit.
It’s been remarkably quiet the last weeks from the usual suspects regarding Musk / Tesla. I wonder why.
Because no-one gives a shit and it’s boring
You and I both know if there was anything new to slap Tesla or musk with it would already been posted.
It’s easy to refute though. The figures fell the real story. Be diligent and make some money. It’s not too late.
Like I said no-one has posted anything in reply because I’m sure everyone is sleeping easily that they don’t have any form of investment in tesla or musk.
I also like to think I’ve made my way in this world without having to play games with my money
I mean at current prices Tesla is a good investment. Back in the heat of the tech and ev push, not so much.
Everything got beaten down to hell and lots are starting to come back. Tesla has solid fundamentals to recover on for sure.
That Tesla balance looking wonderful
That’s because he has been remarkably quiet, at least compared to the previous few months where you could barely go a day without him fucking something up at twitter, saying something stupid, or revealing himself to be a gigantic hypocrite.
There’s a positive correlation between how fucking stupid he acts and how much people like me wanna talk about him lol.
With regards to Tesla, it’s always been much more boring and run of the mill, compared to his reign at twitter, which has been hugely entertaining for me. I’m not here to argue with your Tesla investments cos I know fuck all about it but even to my untrained eye it seems you’re making good money/investments lol.
What I really enjoy about Musk is all the prats who who bought into him being the saviour of twitter and a free speech absolutist, only for him to clearly demonstrate how stupid they were almost immediately.
@Forever you seem to equate stock market performance with greater meaning about musk himself. The way you campaign on his behalf is bizarre. It reminds me of people involved in multilevel marketing schemes or better yet crypto bros trying to get others to buy-in so that their own value increases.
The way you react to criticism of musk is almost as if it’s a personal slight against you.
You’ve got other good takes about capitalism in general which weirdly contradicts the worship of a rapacious capitalist like Elon.
At least @BergkampsLoveChild admits he’s in it for the speculation and would never actually buy a Tesla.
It’s because he likes cars not a badly put together laptop on wheels