My dude, even legacy stocks that pay dividends like fucking Costco and Microsoft are up 250+% the past 5 years. The market has been absolutely bonkers the past 5 years, and acting like Tesla is some incredible investment and not just a meme gambling stock is pretty hilarious.
Comment on Tesla's Cybertruck may not be so stainless after all
diffcalculus@lemmy.world 8 months agozooms out 5 years
Up nearly 800%
skyspydude1@lemmy.world 8 months ago
zerog_bandit@lemmy.world 8 months ago
Yup, keep riding that baby down. I bought in 2011, sold 2021. Thanks for buying me a house!
Now I get to watch that child Elon fuck up this golden goose, and I don’t have to lose money while I laugh!
diffcalculus@lemmy.world 8 months ago
Oh I don’t own the stock. But you can’t deny that it’s been a great asset for anyone that got in early. Saying it’s down 30% from 6 months ago without looking at the big picture is short sighted.
Also, fuck Elon
anivia@lemmy.ml 8 months ago
Ignoring that the market cap is higher than the combined market cap of all other car manufacturers, whilst producing not even half as many cars as VW alone, is also short sighted. The stock is vastly overrated and will correct itself one day. The question is just when that day is going to come
Buffalox@lemmy.world 8 months ago
The stock is down 30% since June, if you want more context, it’s lower now than it was January 2021. Meaning if you’ve been holding Tesla stock for 3 years, you are in the red. In a period where inflation as undermined the value further.
Seems to me that a warning that Tesla might not be a good stock to hold anymore is in order.
finance.yahoo.com/quote/TSLA/