• saltesc@lemmy.world
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    7 days ago

    Looking at the last 3 months of Tesla stock is pointless and zooming in on graphs is cherry picking the narrative you want to hear, but the truth is it’s just another bear off the last Tesla bull…

    …which happens all the fucking time with Tesla.

    It’s notoriously one of the most volatile stocks on the market for bull and bear rushes which makes it more popular for buying and shorting, in turn making it more volatile.

    As it stands, it has grown healthy, looks stable, and most analysts recommend to hold current stocks or buy, especially considering revenue reports.

    These three month graphs never have and never will be the true story of Tesla stock.

    It’s literally just correcting back to normal value post the last ride of volatility around elections. And it’s still not there yet.

    • Lumiluz@slrpnk.net
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      5 days ago

      Based on your own data, this is the steepest, largest, and fastest drop so far Tesla has had.

      Sure, taken in isolation, it’s just another random chance data moment. But considering there’s a direct correlation with a growing boycott AND sabotage of Teslas, it would be idiotic to think this drop won’t continue. This time it isn’t based on company decisions and financial performance but rather on societal ones.

    • CaptDust@sh.itjust.works
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      7 days ago

      This is a good, thoughtful analysis based on historic trends.

      Where does the model factor in president musk weilding a chainsaw, driving blatant regulatory capture, the brand value becoming toxic waste, deliveries diving off a cliff, impending tariffs and foreign competition gaining ground both economically and technologically?

      Inb4 “its an actually AI robotics company and nothing happening with cars really matters”

        • martyman@lemmy.world
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          1 day ago

          Over here in Europe, a lot of folks are steering clear of the brand. With so many solid alternatives out there, it’s hard to justify going with Tesla anymore. Elon’s antics have pretty much killed the view that Tesla is the most advanced option on the market.