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Yeah, I wasn't posting that to make any kind of investment advice, only to show that it looks like the value of Tesla's seem to be impacted by Musk's shenanigan
by UncleOxidant 4y ago
Yeah, I wasn't posting that to make any kind of investment advice, only to show that it looks like the value of Tesla's seem to be impacted by Musk's shenanigans.
- RangerScience 4y agoAh! Sure. The timelines don't really line up well with Musk's shenanigans; they line up pretty well with the "Inflation Reduction Act", which AFAIK is the one that made changes to EV stuff. (Note: totes agree that the recent stuff is having / will have an impact; but; it doesn't look like it's this impact) For example: Both the Rav4 and the Model Y show ~10% drop over this time period according to this website; but, non-EV staples show a ~2% drop. And the Y shows a bigger drop than the Rav4. So, could be interpreted as Federal changes causing the 10% drop in EVs and the Musk shenanigans causing the additional 5% drop in Model Ys.