4 ms·
Ah, so the good is Elon, the bad is Jerome Powell? Also, the whole stock market isn't down 43% - the S&P is only down 13%.
by SketchySeaBeast 4y ago
Ah, so the good is Elon, the bad is Jerome Powell? Also, the whole stock market isn't down 43% - the S&P is only down 13%.
- wfme 4y agoTSLA has underperformed the S&P 500 over the last year, but vastly outperformed it if you expand your time frame to 5 years - ~1,000% vs 50%. Perhaps comparing the 43% drop over the last year to other comparable companies would provide a better picture. 1 Year TSLA: -43.28% GM: -29.99% FORD: -26.13% STLA: -33.09% 5 Years TSLA: 1,019% GM: -8.24% FORD: 9.24% STLA: -25.23%
- Klinky 4y agoObviously Musk should go on Twitter and lie that he's taking Tesla private again to juice the stock. Maybe he'll get two slaps on the wrist this time.
- spookie 4y agoYou can't compare such a recent company, to others that were well established for decades. It means nothing. I believe the criticism comes from the volatility of the company.
- cercatrova 4y agoWho says Jerome Powell is bad? Fighting inflation due to, well, inflated asset values is a good thing, not bad. Just because it makes numbers go down doesn't mean it should be considered a bad thing.