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Did Elon also cause AMZN stock to drop around the same time? And FB? And MSFT? And UBER? That’s a whole lot of clout, unless I’m misunderstanding something here
by hudon 6y ago
Did Elon also cause AMZN stock to drop around the same time? And FB? And MSFT? And UBER? That’s a whole lot of clout, unless I’m misunderstanding something here...
- willio58 6y agoNo, and I don't believe the author claimed this.
- renewiltord 6y agoI believe GP's point is that this is coincidental broad dip, not TSLA dip though of course the downside with rhetorical questions like that is that you have to guesss at meaning.
- dirkgently 6y agoDid Amazon started dipping exactly after Musk's tweet? No. And you know it. Stop defending Elon's shitposting the shitstorm it caused.
- cjhopman 6y agoWTF, you're just spreading nonsense. Take a look at this image and see if you can tell just looking at it which of them is tsla and at what time musk commented: https://imgur.com/OwwKVyf https://imgur.com/OwwKVyf that includes every one of the stocks you mentioned and there is one clear outlier. No other stock has a clear change at that time, and the behavior of the one stock is clearly different than the rest. I do not doubt you could perform this same analysis limited to tech companies and get the same result (though comparing tesla to these tech companies is rather irrationally aspirational).
- hudon 6y agoYour chart tells me TSLA is a more volatile stock. Everyone knows TSLA is as volatile as a cryptocurrency. Why do you want to believe in god-like tweet powers so much?