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/biz/ - Business & Finance

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53295156 No.53295156 [Reply] [Original]

Why does Tesla stock keep going down? It is insanely undervalued. This is a multi-trillion dollar company in the making.

>> No.53295172

because its a leading indicator for bitcoin and shitcoins going to 10k

>> No.53295201

>>53295156
no its not lole

>> No.53295232

>>53295156
It was insanely overvalued. For a while there Tesla was worth more than Toyota which makes absolutely no fucking sense. Elon knew it was overvalued and he made a wise decision to sell enough stock to buy Twitter. Now he's changing the face of social media and exposing a lot of lies which is more than most of us can achieve with a lifetime of work. He's figuring all this shit out before he turns 60. It doesn't matter if he loses everything if he can hold on to Twitter and use all the emails and DMs to expose as much as possible before they destroy him.

>> No.53295245

>another wifeable woman turned into nothing but worthless coomer bait.

>> No.53295253

>>53295156
Overhyped and under delivered garbage. I'm living in Asia, and every Chinese is hyped for BYD, they don't give a single fuck about Tesla. Tesla is literally a sinking ship

>> No.53295279

>>53295156
Because electric cars already existed and failed because consoomers didn’t want it. The resurrection of EVs are a scam, if they really are the future then the future is cucked. You’ll have to buy a new car as often as you have to replace a phone. Into the fucking trash it goes.

>> No.53295295

>>53295156
No its not. We already know how car companies function, Tesla is just another car company. It should trade at similar valuations to other car companies.

Tesla doesn't have anything truly unique at this point, other car companies are making better EVs.

>>53295232
Yes this. The cult of Elon is dying too it seems. Could probably short tesla until it hits somewhat sensible P/E ratio.

>>53295172
No its not actually. If you knew anything about how these markets worked you wouldn't think that. Tesla going down is one of the most bullish things possible to happen for crypto. Tesla was a normie money magnet, normies hate stuff going down. They like numba go up. So they will FOMO into crypto as it decouples from tesla. Tesla ate up a ton of retail money last cycle. BTC would probably have been 100k if it didn't exist.

>> No.53295313
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53295313

You can see Tesla stock really took off when I moved to that apartment in Dunwoody where they started stealing my semen on an industrial scale to sell it through Tesla. I moved there after Helene kicked me out of the condo I was renting from her when I could no longer pay rent after she got me fired from my job at Georgia Tech by telling sick and malicious lies about me. This issue of my semen being Tesla's real cash cow is why Tesla had like 3 or 4 general counsels quit in one year: they found out what Tesla's real business model is and got out of there, ASAP. All of those billions Elon is reaping off his stock come from selling my stolen semen. That's also why Tesla encountered "surprise Model 3 production delays" due to "certain parts being made by hand" when I became homeless in 2017: they could no longer suck the scum out of the drain in my sink and it fucked up their business model. Also, the reason Tesla started charging more for "black paint" after I started to grow my hair out is because they were selling GM-ed black haired babies grown from my stolen semen for a premium.

>Behind Tesla's Production Delays: Parts of Model 3 Were Being Made by Hand
https://www.wsj.com/articles/behind-teslas-production-delays-parts-of-model-3-were-being-made-by-hand-1507321057

>Tesla has lost its top lawyer for the third time in the past year
https://www.businessinsider.com/tesla-loses-third-general-counsel-in-past-year-report-2019-12

>Tesla's black paint just got $1,000 more expensive
https://www.cnn.com/2019/06/19/tech/tesla-black-paint/index.html

>> No.53295981
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53295981

>>53295313

>> No.53296854

>>53295156
that's a man on the right

>> No.53296900

>>53295313
Out of all the possible reasons in this thread, I feel this is the most plausible one.

>> No.53297516

>>53295156
Elon bit the hand that feeds him.

>> No.53297543

>>53295156
>It is insanely undervalued
no its probably values pretty fair atm, 30p/e? could go to 20 imo, but also could go to 100 :)