Comment on What is happening with Tesla (TSLA) stock currently? 📈
vxx@lemmy.world 1 week ago
It fell from 450 to 200 in less than three months. It’s completely normal that it bounces off some target prices.
Also, I don’t See what you see
It’s also a very heavily manipulated stock and some GOP begged on FOX news to buy tesla. They will get shaken off pretty soon and could cause the price to tumble way stronger.
kameecoding@lemmy.world 1 week ago
It’s price even after dropping 250 is completely stupid
vxx@lemmy.world 1 week ago
Indeed.
9 months ago it dropped down to $100 before the trump rally, which is still massively overvalued.
I was convinced it would never make it above 300 again once it was under, but then came the trump rally.
GaMEChld@lemmy.world 1 week ago
Do you know what the value should be considering it’s PE and whatnot? And whatever that is, is going to take a dive once the sales impacts are fully felt in the coming quarters. International sales are going to evaporate. Domestic probably as well. Prices going to increase from tariffs and supply chain issues. And competitors are making them look amateur in terms of build quality. Oh and Cyber Truck.
vxx@lemmy.world 1 week ago
Not really. I did a very broad estimation two years ago, by comparing them to the biggest car companies that also ventured into energy, robotics and many other things.
The very best price I could put them to was $30 per share. I was very generous back then and expected them to progress instead of regress.
But other than my name would suggest, I’m not some trading expert and should be taken as serious as anyone else that shits into the void