Are any stock valuations based in reality? Looking at TSLA. Company is seeing mass cancelations of preorders for the cybertruck. They are cutting production when other companies are ramping theirs up in anticipation of Spring sales. Layoffs padded earnings. Exactly what is driving TSLA stock price?
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Stock prices represent confidence that the stock will someday be valuable.
Investors think Tesla is backed by emeralds, so they stay confident.
And weird.
His products are a piece of shit!! I suspect his shady friends and Putin may have a hand in sustaining the stock. Personally if Biden is able to, cancel all of his Gov. Contracts, he is hostile to us seeking our demise.
Could it be that there is no actual case against Elon?
I have asked the same question. Why have our laws not been enforced???Musk and Trump are not innocent!!
Also Texas Paul, Glad ur here
Now
The Hype
Does that sound wrong?
It's complete nonsense.
He needs a return on his presidential investment
Our economy rests on a house of cards. Trump will huff & puff & blow it down.
Call it a modern Tulip Mania circa 1637. It’s a bubble that will pop and many people have been taking positions in anticipation of it. Increasingly for five years now.
Tesla Named 'Deadliest Car Brand in America' in Bombshell Car Safety Study
https://www.techtimes.com/articles/308597/20241204/tesla-named-deadliest-car-brand-america-bombshell-car-safety-study.htm
”doesn't blame the car or car brand. It blames the drivers.”
They can make shitty cars, but their driving AI tech is what people are investing in.
Make sense, but not much does these days.
Looking forward to your thoughts on this.
https://bsky.app/profile/allinwithchris.bsky.social/post/3lcokktq4b224
As a comparison, Apple's P/E ration is 40- also on the somewhat high side. The entire S&P500 has a P/E of 27.87.
https://apnews.com/article/tesla-cars-tribal-sovereignty-51f2d23c73da675d804f9c44975e6ae7
I'd like to know why we have laws barring direct sales.
and there's this for a laugh...
Here we see greed in all its glory, Musk has an aura of success and it is that which propels his companies' stock just as Trumps' propels Trump Media & Technology Group, it has nothing to do with facts.
Sound familiar, people are buying as they voted, on emotion
! Until investors get tired of the hype stock price will keep on rolling fundamentals be damned.
https://www.msn.com/en-us/autos/news/tesla-named-deadliest-car-brand-in-america-in-bombshell-car-safety-study/ar-AA1vgzVJ
Not the same as DJT, which has just burned money.
Now Chines juggernaut of EV companies are setting up plants overseas.
And they feel this way because of the enormous skill they had with the core business of government welfare.
Its all hype, drumbeating, etc.