But… is it even tanking that badly? The company or the stock? It’s down from ath but people are still putting a lot of money in this company’s stock, way more than is technically justified by earnings… so that seems to suggest people still see room to grow whether they are right or not?
Tesla didn’t perform that well and is laying some people off.
I think Elon Musk has not changed that much honestly. But a lot of people seem to be seeing him more clearly. I wonder if something else has been changing?
I wish the reporting wasn’t “No one’s buy EV’s!!!” No one is buying Tesla because the owner will do anything to save a buck so he can make another trip to “space” and buy some other business to turn it in to trash.
My first car was a used MK I Alfasud. Need I say more?
(I bought the 4-door saloon. I could have bought a Giardinetta. Why oh why didn’t I buy the Giardinetta; I would have had one of the rarest mass-produced cars ever.)