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> Most of the market is down, outside of energy and defense sectors. Tech and tech related things have taken a massive hit. While that's true, if you look at S
by ehsankia 4y ago
> Most of the market is down, outside of energy and defense sectors. Tech and tech related things have taken a massive hit.
While that's true, if you look at S&P 500, or even just a bunch of tech stocks like GOOG or MSFT, it's pretty clear Tesla is doing much worse still.
https://i.imgur.com/JbbyghN.png https://i.imgur.com/JbbyghN.png
- chrisbolt 4y agoFor context, 1 year graph with dates: https://www.google.com/finance/quote/TSLA:NASDAQ?comparison=NASDAQ%3AGOOG%2CNASDAQ%3AMSFT&window=1Y https://www.google.com/finance/quote/TSLA:NASDAQ?comparison=... Certainly much worse, all since November.
- birdymcbird 4y agoNetflix is down 53% ytd. amzn is down 51%. Unlike some other companies, Tesla was significantly overvalued to begin with. i think even elon joked as much himself. they never an energy/battery company first and they dont know how to fit and finish. none of this regressed in the last year.