Comment on Tesla Stock Is Plunging Again. It Could Drop for a Ninth Straight Week.
psud@aussie.zone 2 months agoholding the bag
And not doing shit that tanks the stock price and sales.
Comment on Tesla Stock Is Plunging Again. It Could Drop for a Ninth Straight Week.
psud@aussie.zone 2 months agoholding the bag
And not doing shit that tanks the stock price and sales.
GreyEyedGhost@lemmy.ca 2 months ago
There are good indications that the stock is overvalued by as much as 10 times, even after the recent drops in stock prices. A lot of that appears to be propped up by his hype. If the stock just normalizes to values typical of other car companies, it will be a major blow to anyone that owns the stock.