Elon Musk is burning Tesla down. The stock price was valued at 663.90 back in May. See this tweet for the disclaimer about the stock split/Wall Street bullshit. https://mstdn.social/@theruss/109548214831630014
Yes, I know about the stock split and I'm not suggesting it lost that much in value. But it has lost 65% of its value even with the stock split factored in. Today's price is $137.80. It really looks like people are abandoning ship. The longer he waits, the more he loses.
#Mastodon #News #ElonMusk #Birdsite
Russ (@[email protected])

@doloresquintana Just a heads-up: IIUC there was a stock split on August 24th, so the May price isn't *directly* comparable to the current one... But it's still dropped by 65% so far this year, and that makes me smile.

Mastodon 🐘
It's really starting to look like not only is Elon Musk going to crash Twitter, he's going to crash Tesla as well. Layoffs and hiring freezes have already been announced for 2023. #Mastodon #BirdSite #ElonMusk #Tesla

@doloresquintana Fair value for TSLA was $50/share if they executed perfectly... which they didn't. Maybe $30/share if they executed mediocrely, but that'll require firing Musk...

So what I'm saying is, the stock has a LOT further to fall

@neroden Oh yes. Tesla stock can definitely collapse even more and I am here for it. It was over $600 a share earlier this year! What was anyone thinking??