Just a quick summary:

• insiders are selling huge amounts of stock
• sales figures in the last two months were horrible
• constant recalls of cybertrucks which are also basically not selling
• protests and vandalism
• brand is universally hated
• record trade-ins and sales of second hand vehicles
• no new models or products in the pipeline
• laughable vaporware announcements
• begging employees not to sell
• begging Trump for a sales show
• questionable accounting practices exposed in financial times

How anyone can still hold on to Tesla stock is beyond me.

Life experience.

We have seen the crowd turn against someone, hating someone, many times. It always blows over. Thats why we dont talk about what happened a year ago anymore.

Buying the stock now will pay off very much in a year from now, unless Tesla goes bankrupt, which I doubt. Musk has powerful friends.

I fact, I think it hit bottom a few days ago, at 232 dollars. It has recovered to 250 in the last few days.

Tesla has been losing ground for a while. They were one of the first mass produced EVs with charging infrastructure, but now what makes them special? They have positioned themselves as a software/ai company but it was just a way to boost stock price. They don’t have full self driving (fsd) that’s been promised as next year for the past 10 years. On top of it they only rely on cameras for fsd and no lidar systems so I don’t think they’ll ever get full clearance outside the US.

So even if they ditch Elon I’m not sure if the sentiment can be brought back. Sure they may not go bankrupt but the stock should fall in line with other auto manufacturing companies.

Nothing makes them special today, but things can quickly change. Lemmy has such a young audience so many here dont seem to get that, but lets see where it is in a year.

I wish Lemmy would have the “remind me in a year” function…

If you have a moment I would love to talk to you about a rich investment opportunity best know as artisanal gourds. Not since Blockbuster has the soil been so rich and the climate been so perfect for artisanal gourds. If you act now I have a bridge that is heavily discounted we can discuss.