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Up 8%? It's down 10%+, what made you think it would go up? Rest of the market ripped up? The S&P is up 20% this year while Tesla has gone down 20%. Edit: >The
by almost_usual 7y ago
Up 8%? It's down 10%+, what made you think it would go up? Rest of the market ripped up? The S&P is up 20% this year while Tesla has gone down 20%.
Edit:
>The opportunity cost of owning it has been huge while the rest of the market ripped up
The S&P is up over 50% in five years. TSLA could go up 20% tomorrow (and ignore today's after hours change) and the S&P would still be outperforming TSLA.
- spullara 7y agoHe meant up 8% over the five year period.
- almost_usual 7y ago>The opportunity cost of owning it has been huge while the rest of the market ripped up Still doesn't make any sense. The S&P is up over 50% over five years. Outperforming TSLA by almost 3x (including the after-market change it is 5x).
- jkqwzsoo 7y agoNo, that’s exactly what “opportunity cost” means.
- simonebrunozzi 7y agoI think the term we are looking for here is "alpha" [0], and you want a "good" stock to generate "alpha" in respect to the overall market. [0]: https://www.investopedia.com/terms/a/alpha.asp https://www.investopedia.com/terms/a/alpha.asp
- eanzenberg 7y agoSheer will-power
- toopricey 7y agoHe was using "ripped up" as a positive term, I assume synonymous with "Shot up" or "went up". You're agreeing with him, both of yall are saying Tesla has massively underperformed the market
- almost_usual 7y agoThat makes a lot more sense, I interpreted "ripped up" as "torn to shreds".
- lukevdp 7y agoYou and the parent comment are in agreement, I think you misunderstood their comment.