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It's down 50%. Amazon is down 46%. Are they back into good deal territory?
by memish 4y ago
It's down 50%. Amazon is down 46%.
Are they back into good deal territory?
- pcurve 4y agoAmzn would be safer bet than Tsla. Amzn is looking for bottom, but Tsla is on solid downtrend.
- epolanski 4y agoNo single person in this planet has an answer to that.
- MuffinFlavored 4y agowhich is fascinating if you think about just how much information we have at our disposal/fingertips on the topic + how many professionals exist to digest said information and form conclusions
- senko 4y agoWhich is exactly why. You have to have better info than all of them to have a shot at answering that.
- grey-area 4y agoHas the cost of money changed?
- KerrAvon 4y agoHow do you accurately value a memestock?
- izzydata 4y agoThey aren't the same company so those have little to do with eachother. Amazon could start to go up while Tesla could drop another 50%. Time will tell.
- _ea1k 4y agoIf you believe that they will sustain 50% annual unit growth for another 5 years or so, then it probably is. It certainly seems plausible. People talk of competition, but the competition has been full of mistakes and missteps so far. I don't think its obvious that the next few years will be any different. Then again, we don't really know Teslas roadmap beyond the CT, other than vague hints. We know something smaller is coming and we know something bigger is coming. That's basically all we know of their roadmap. :)
- lapcat 4y agoAmazon's market cap has returned to the level it was when the pandemic started. Tesla's market cap is still around 4 times higher than it was when the pandemic started. (Meta/Facebook has also returned to its pre-pandemic level.)