https://preview.redd.it/dh8ch486fly91.png?auto=webp&s=dab93ba800360ab2113d9c4e30d12947c66028df
Umm..? Why?
View Reddit by SakuErh – View Source
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Because you bought
because you can’t short twitter, that’s why!
You should have bought 5 years ago and sold sometime last year. Dm me for more advice
Like it or not, Elon has always been tied to the ups/downs of TSLA stock price. Right now? Elon is losing a bit of the audience he had previously established. He may be getting new fans, but the ones that had been invested in his work? He may be losing some of those. I’m not making some claim that “elon is done” or what not, just saying, currently he’s not doing himself a lot of favors. That’ll reflect in the stock price due to investor enthusiasm.
Let’s say, hypothetically, self driving makes some huge leap forward, or maybe battery tech? It would likely be enough to reverse that sentiment a bit. Personally, I think he’s losing it a bit though.
Popularity=Price and he’s the Chief Twit now.
Elon paid 44 billion for an unprofitable company with billions in its own debt, and hasn’t stopped shitposting about it for weeks. Market might have noticed…
Losing billions to own the libs.
Because Tesla shareholders will be paying for his twitter fail.
The CEO spending all his time tweeting cant help
Because fuck you, that’s why
Elon entering into usa politics
Pre covid price $55
P/E was already too high and company valuation was already too high. Elon sinking $ into Twitter and distracting him away from Tesla hurts Tesla.
Because elon is really fucking things up
Papa Elon needs to sell a butt load of shares to pay for his Twitter crack.
Because the owner is mentally not stable. Wall Street likes stable. I don’t know why you guys love this fool so much.
Car market crashing, car repos everywhere
He used to be perceived as the guy that could get stuff done but now the emperor has no clothes.
Firing people and begging them to come back in a span of few days ? Wtf lmao
Elon pays for his mistakes
Because Tesla is a decent company whose stock has been laughably overpriced for years and the correction will always hurt the highest-flying companies most.
Look at the 2000 bubble, where Intel and Cisco were the Tesla’s of the day. The companies have become behemoths compared to what they were back then but the stock price never recovered.
Because Twitter is bleeding money from Elon’s takeover.
Overpriced memestock with a narcisist CEO
Musk is good at borrowing money and talking up projects.
He’s not good at follow through…
Past: Tsla=innovative car brand + visionary genius
Now: TSLA= crap car brand + unstable shitposter
It was all built on ridiculous hope and faith in bold leader. Now the bold leader is revealing that he’s a toothless hobo out back of Wendy’s (one of us!) And the big market guys are starting to wonder how they got duped so bad.
Massively fucking over valued company by 10x now has its CEO distracted trying to figure out how to unfuck himself on the Twitter deal. Elon is the sole reason for the drop this past month. I made a killing shorting it from 290 on down. Shits heading to 150 by EOY.
Too much social media and not enough brain cells at work.
Because Telsa is a speculative bubble with a high percentage of investors buying shares solely because they worship Elon and the world is currently bearish on Elon.
Because Elon is behaving like a 13 year old again.
Bc it’s massively overvalued according to every metric except hopium.
Cause Elons turning out to be complete idiot.
Those investors who sold at $1k must feel over the moon right now
my best guess is ppl are expecting twitter to fail forcing musk to sell his shares which he loaned out
He just told all his followers to vote for Republican Congress and Republicans don’t believe in Climate Change so EVs are fucked.