Welcome to Wall Street where the numbers are made up and the lines donât matter
What is happening with Tesla (TSLA) stock currently? đ
Submitted â¨â¨4⊠â¨weeks⊠ago⊠by â¨lnxtx@feddit.nl⊠to â¨nostupidquestions@lemmy.worldâŠ
https://feddit.nl/pictrs/image/bddd6993-8d7c-433f-8089-19ca1aaa14da.png
Comments
Agent641@lemmy.world â¨4⊠â¨weeks⊠ago
VitoRobles@lemmy.today â¨4⊠â¨weeks⊠ago
Get 10 friends.
Run into a McDonaldâs and shout âEveryone get the MC Turd smoothie!â
Idiot buys it.
Do that a bunch of times over and over, with more idiots buying it.
At some point, someone realizes the MC Turd Smoothie tastes like poop. But itâs too late. You have too many idiots holding it so now theyâre the 10 friends.
Thatâs the stock market.
credo@lemmy.world â¨4⊠â¨weeks⊠ago
Hmm. The lines are why it doesnât matter.
DrBob@lemmy.ca â¨4⊠â¨weeks⊠ago
1.4 billion missing from balance sheet. Stock goes up.
Every cyber truck in North America recalled. Stock goes up.
Tesla banned from Canadian EV rebate program due to evidence of institutionalized fraud. Stock goes up.
No idea whatâs going on.
VitoRobles@lemmy.today â¨4⊠â¨weeks⊠ago
Itâs called market manipulation!
They did it with crypto. They did it with NFTs. They did it with stocks. Theyâre doing it again with stocks.
Takumidesh@lemmy.world â¨4⊠â¨weeks⊠ago
The stock went down already when all the insiders learned about these risks and scenarios months ago.
Now itâs bouncing around because the derivatives market capitalizes on volatility.
XeroxCool@lemmy.world â¨4⊠â¨weeks⊠ago
Tesla has airways had volitility. It goes up when musk overhype it, it goes down when tesla underdelivers. I had some stock and got off that roller coaster when the truck was unveiled. I stopped believing it was above board at all.
Sick nazi reference in the numbers though.
spankmonkey@lemmy.world â¨4⊠â¨weeks⊠ago
Sick nazi reference in the numbers though.
Thank you for brightening my morning, I missed it at a glance.
XeroxCool@lemmy.world â¨4⊠â¨weeks⊠ago
$14.88 is an obnoxiously common price for temporary box display items at home depot. Gloves, kneeling pads, drill bit kits. Always gets an eyebrow from me
vxx@lemmy.world â¨4⊠â¨weeks⊠ago
It fell from 450 to 200 in less than three months. Itâs completely normal that it bounces off some target prices.
Also, I donât See what you see
Itâs 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 â¨4⊠â¨weeks⊠ago
Itâs price even after dropping 250 is completely stupid
vxx@lemmy.world â¨4⊠â¨weeks⊠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.
Red_October@lemmy.world â¨4⊠â¨weeks⊠ago
Donât assume anything that happens with Tesla stock actually has anything to do with the value of the company. It was WILDLY overvalued for a long time and now itâs going to be complete chaos for a lot of obvious reasons. One day it may bounce up considerably only to crash hard the day after.
Buelldozer@lemmy.today â¨4⊠â¨weeks⊠ago
I believe itâs a pump-n-dump ahead of the earnings call on April 23rd. Those results are not going to be good and I expect that that the big investors who are driving this will start selling off next week to cash in.
Wilco@lemm.ee â¨4⊠â¨weeks⊠ago
I suspect a pump and dump as well. Trump did a Tesla commercial to dupe the MAGAts into buying, now they will dump their stock and let it burn.
squirrel@lemmy.blahaj.zone â¨4⊠â¨weeks⊠ago
The stock went down when Teslaâs sales numbers for the first quarter of 2025 got out and showed a decrease of sold vehicles, on top of Muskâs shenanigans and the protests at Tesla showrooms. Now these events have been âpriced inâ and the stock operates on vague estimates and wishful thinking again until the next slew of substantial bad news hits, at the latest when the next quarterly numbers are due.
Lasherz12@lemmy.world â¨4⊠â¨weeks⊠ago
Presumably the president saying that itâs going to use the entire federal executive to boost a single failing companyâs shortcomings is good for buyer confidence. At this point it should be nationalized for as much money has been handed to that company from our pockets.
slazer2au@lemmy.world â¨4⊠â¨weeks⊠ago
Nothing special, just bouncing around as all shares in the index does.
cdf12345@lemm.ee â¨4⊠â¨weeks⊠ago
Options expire Friday.
khepri@lemmy.world â¨3⊠â¨weeks⊠ago
Its a stock thatâs heavily played by traders, it moves just as much if not more based on the technicals than the fundamentals. Also, look up the wonderful financial term âdead dog bounceâ.
Obi@sopuli.xyz â¨3⊠â¨weeks⊠ago
You mean dead cat bounce I think?
khepri@lemmy.world â¨3⊠â¨weeks⊠ago
Oh yeah, lol, thanks!
thermal_shock@lemmy.world â¨3⊠â¨weeks⊠ago
Surprised this wasnât dead human bounce (or something better sounding related to humans) the way traders jumped during first major stock crash before great depression.
Initiateofthevoid@lemmy.dbzer0.com â¨4⊠â¨weeks⊠ago
Q1 2025 is almost over and there has been no realistic counterbalance against the crimes and coups. Investors are growing comfortable with the new world order. Like many Americans, the wealthy believe that if the riots havenât started yet, they never will.
Like many Americans, the wealthy have forgotten how bad the 1930s were. Many think they will âcash inâ on a downturn but the truth is the wealthy are just short-sighted idiots. The only difference this time is public access to information and communication. Iâm not a time traveller believing that the internet will bring us together, but I do think it was a lot harder to plan a fun outing with your friends before wireless telecommunications.
Corporate profits dropped from $10 billion in 1929 to $1 billion in 1932. You might think âoh they still made profitâ but a 90% decrease is devastating to a group like that. And they still had to live in a world where society had broken down and dust storms hit the United States capital building.
It took decades for them to rebuild their monopolies, bring down the tax rates, and tear up the market regulations again. Without WW2 and reagonomics the wealthy may never have recovered their power over the world economy. I guess what Iâm saying is buckle up for the 30s and 40s everybody. If you happen to get a choice between dishonor and war again, choose the fucking war.
Thorry84@feddit.nl â¨4⊠â¨weeks⊠ago
I think the March 24 jump was directly caused by stuff Trump said about Tesla and the protesters being terrorists.
spankmonkey@lemmy.world â¨4⊠â¨weeks⊠ago
The stock market casino, where the value of a company is based on someone making a comment about things unrelated to how the company operates.
Sc00ter@lemm.ee â¨4⊠â¨weeks⊠ago
But the comments do matter?
The stock market traded on speculation of future value, not current value. If tesla increases profit by $1M , their market cap doesnt increase by $1M. It increases or decreases by the speculative future value.
If protestors are going to be prosecuted, the perceived value of the company increases because theyre will be less negative press.
It also leads to, "what else is the president going to do to help muskâs company? " and that list is endless, and speculation runs wild.
scarabic@lemmy.world â¨4⊠â¨weeks⊠ago
Elon held an all hands at the company to announce âIâm back in chargeâ and the financial press are reporting that âthe markets rewarded it.â Meaning the stock went up. Which makes me want to puke.
KeenFlame@feddit.nu â¨4⊠â¨weeks⊠ago
I donât think it seems like anyone here coming with credible reasons, yet want to provide answers? For what reason do you answer when you clearly are making up / wishing things?
Anyway, the price is controlled by huge hedge funds and the publics want of a stock or despise of a stock makes no difference in any way, because even if they buy shares on their little apps, they will never own shares. Nobody seems to understand the vast differences between normal people and the playmakers? If everybody, exactly every normal person sold or bought at once, nothing would happen. Zero change because they donât own any shares. They have a little contract with their broker apps that they might pay the difference. They have no obligations and act more like a betting agency, and sell the data to hedgefunds. The only thing that actually trades are robots and they are placed in the exchanges locally to have zero latency and then the algorithms find good spots to put bundles of orders to trick other algorithms. The most shares are sold and bought off market to not impact this insane irrational game that seems always seconds from breaking down
WhatSay@slrpnk.net â¨3⊠â¨weeks⊠ago
From what Iâve heard, the tariffs affecting cars/autos will impact other manufacturers. There are always day traders looking to make a few bucks from a bounce.
Personally, I expect Tesla to crash after the next quarterly report (probably in late April). Iâm curious to see how Rivian stock goes, it might stabilize from so many looking for an EV alternative.
homesweethomeMrL@lemmy.world â¨4⊠â¨weeks⊠ago
Why is a comically overvalued stock rising again?
Indeed.
nutsack@lemmy.dbzer0.com â¨4⊠â¨weeks⊠ago
The stock prices are our rubber band they need to go up some when they fall down so quickly
Iampossiblyatwork@lemmy.world â¨4⊠â¨weeks⊠ago
Down 6% today as of now. Up 16% week Down 11% month Down 41% 3 month Up 3% 6 month Up 50% year
Any loans Elon has taken in the last 3 months against his stock are going to be in really rough shape. Overall though investors gaining 50% in a year is absolutely remarkable even if theyâre down from ATH. Unless youve been holding from '22 youâre probably pretty happy with stock performance.
HubertManne@piefed.social â¨4⊠â¨weeks⊠ago
Since the end of febuary the whole market dropped such that it lost about six months of value and then stablelized and is going up keeping about the 6 month loss. This is why articles about modern dips crack me up as they are nothing compared to real one. The market is completely unhooked to any actual value. The crash in 2000 lost about 5 years of value and the 2008 one lost about 7 years. 2000 took two years to fall while 2008 took one. The great depression lost 19 years of profit and took about 3 years. If what we have not is like then we will know by end of year as it takes a series of drops while folks with the money to do so buy the fake bottom.
cabron_offsets@lemmy.world â¨4⊠â¨weeks⊠ago
[deleted]lnxtx@feddit.nl â¨4⊠â¨weeks⊠ago
I like the stock.
Howâs the GameStop doing?
AlDente@sh.itjust.works â¨4⊠â¨weeks⊠ago
Up about 16% today. During yesterdayâs earnings report, the board announced that they approved the buying and selling of cryptocurrencies with their $4.7-billion of cash on hand.
Pistcow@lemm.ee â¨4⊠â¨weeks⊠ago
Someone needs to be the bag holder. It will tank when the earnings call comes in April unless Trump decides to replace Abrams with the model 3.
pappabosley@lemm.ee â¨4⊠â¨weeks⊠ago
Allegedly itâs elons brother kimble doing market manipulation
itsonlygeorge@reddthat.com â¨4⊠â¨weeks⊠ago
Fraud and a sprinkling of crime.
DozensOfDonner@mander.xyz â¨4⊠â¨weeks⊠ago
Investors buying cheaper and not caring about all the bad shit around it because they just think about money?
ABetterTomorrow@lemm.ee â¨4⊠â¨weeks⊠ago
PUTs on this bitch!
givesomefucks@lemmy.world â¨4⊠â¨weeks⊠ago
The same thing it always doesâŚ
Bounces around wildly because itâs based on hype not actual value of the company
brucethemoose@lemmy.world â¨4⊠â¨weeks⊠ago
This ^
It seems like a dismissive statement, but Tesla is the embodiment of this eraâs âhypeâ investing. So many players have it leveraged like a big casino game, and the end result is (mostly) that small time or âslowâ investors (like your retirement fund) get screwed over.
fmstrat@lemmy.nowsci.com â¨3⊠â¨weeks⊠ago
Itâs because Mark Robert said he was still buying a new one after driving his through a wall.