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That chart doesn’t make it look like the drop was too big. And that is even without considering that the axis are offset, so the actual change is 1/4 of what it looks like.
The stock needs to drop further.
Still massively overvalued stock.
The high rating makes no sense to me. Their market share is dropping dramatically, and their latest product is terrible.
I mean, President Musk is close to Trump. Didn’t they already give Tesla a government contract to provide Swasticars to diplomats? Sadly, too many people put personal profit over principle…
It’s also still up in from where it was 6mo ago. Musk got a massive share price bump when Trump won. People assume there will be some blatant Tesla quid pro quo, because that’s how Trump’s corrupt ass works.
Musks behavior hasn’t entirely eaten through that bump, but he’s getting there.
Go fash, lose cash.
Go anti woke, go broke
Tesla stock has always violently gone up and down because it’s used heavily in volatile options trading and the sort.
You would only get a general understanding viewing it over 6–12 months. Hourly, daily, or weekly, you will see it surge and drop a lot. There’s a few like this for quick buy/sell. I dunno why Tesla, but it’s the most popular. None of it is reflecting of the business itself at all, it’s just players causing the up and down for buys and shorts, sparking micro bull and bear rushes, then everyone else gets on for a piece of the pie before it switches again.
It’s just at levels it always was, though it is increasing over time. If it’s around $200, it’s about normal.
shhhh… we’re working on some much needed counter-propaganda propaganda here.
