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Telsa is running out of ways to keep their stock going. Musk used some market manipulation to squeeze shorts, which propped up their stock price. Then there w
by mywittyname 5y ago
Telsa is running out of ways to keep their stock going. Musk used some market manipulation to squeeze shorts, which propped up their stock price. Then there was the inclusion in the S&P500, which opened up the floodgates from retail investors who are forced to throw a portion of their retirement at Tesla. That helped for a while. Now it looks like they are trading/manipulating crypto prices in an effort to keep their stock price going.
Telsa has absolutely defied the doubters. But I think they've reached the end of their bag of tricks. This crypto stuff might float them for another year or two, but eventually, the market is going to demand real revenue proportional to the value of the stock. When that happens, the fall is going to be epic. I wouldn't be surprised if stock plunge -> removal from S&P500 -> delisting -> private buyout at 1/1,000 of current price happens in the span of two months.
- aeternum 5y agoIf the EV market continues to grow by 173% YoY and Tesla continues to lead sales, then it's unlikely the market will demand real revenue for quite awhile. Investors are quite happy with companies that can maintain that kind of growth. https://insideevs.com/news/504647/global-plugin-sales-march-2021/ https://insideevs.com/news/504647/global-plugin-sales-march-...
- rualca 5y ago> If the EV market continues to grow by 173% YoY and Tesla continues to lead sales (...) Tesla's market share is dropping, and it just tanked to its lowest level in two years. https://www.businessinsider.com/tesla-market-share-april-lowest-level-2-years-increased-competition-2021-6 https://www.businessinsider.com/tesla-market-share-april-low... https://www.bloomberg.com/news/articles/2021-06-02/tesla-heads-for-biggest-drop-in-3-weeks-on-market-share-loss https://www.bloomberg.com/news/articles/2021-06-02/tesla-hea...
- rad_gruchalski 5y agoVW now sells more evs in Europe than Tesla. Tesla will not be able to compete with legacy (lol) manufacturers. BMW, Daimler, Toyota and GM are not sleeping either. The fall of Tesla will be of epic proportions.
- aeternum 5y agoIt's true that VW sells more in Europe, but is Model Y generally available in most European countries yet? Given sufficient demand, it makes more sense to sell cars locally vs. pay export and tariffs. If Tesla is still not able to compete once the Berlin factory is up and running, then I concede the point.