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Tesla shares tumble below $150 per share, giving up all gains made over the past year

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22 Comments

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Still think Elon is a genius? 3 talented execs left Tesla in 12 months, their contribution is reflected in the stock price.

6 ( +9 / -3 )

Their shares are overinflated to start with. Then their fully autonomous driving is coming “next year” since 2014. Not to mention flops like Semi, that android thing etc. So many promises and so little stuff done. No surprises there.

2 ( +3 / -1 )

Buying opportunity once again.

-7 ( +3 / -10 )

Buying opportunity once again.

I actually agree.

3 ( +3 / -0 )

LOL

-5 ( +0 / -5 )

Same as bitcoin when he says something stupid...

EXTRA LOL !!!..

-4 ( +1 / -5 )

@Sandoval Today  09:42 am JST

So many promises and so little stuff done.

Not really trying to defend the company, couldn't care one way or the other, however it noisome to see ill adverted comments. It's no secret Tesla's project timelines almost always extend beyond the original plan by far. You are right. However, it would be actually deridable and laughable it it were an long stablished car manufacturer. For this you need some in depth knowledge of how development of new cars work in the traditional auto industry, and then how in works in Tesla.

Although is not desirable for them to continuously miss the deadlines, for the amount of new technologies and their controls being developed (look at the umber of patents they have accumulated over the years) it is actually impressive it hasn't taken them double or triple the amount of time it has already taken them.

And this is where your comment above "so many promises so little done" misses gravely.

Just look at the most recent Cybertruck the amount of new technology, and new manufacturing processes, new quality verification processes, for things regular automakers wouldn't have dreamed of venturing for mass production in the amount of time in took Tesla, like the steer by wire, or the usage of different voltage for the wiring system (reducing the amount of actual cable required, and thus overall weight, but required re-developing from scratch everything to be able to handle a different voltage, etc. etc.)

Other EV companies have also missed the original ambitious deadlines, see Fisker, early Rivian, Lucid.

Lately they've become less prudent and granted Tesla could do that as well, but all in all, your comment lacks depth and understanding.

-5 ( +0 / -5 )

Oh dear, what a shame for poor old Musky baby, does this mean he will not be getting his $56billion pay deal?.....I really hope so, it could not happen to a nicer man.

7 ( +8 / -1 )

Stock market /price has never been a clear indicator of the fundamentals of the economy or business. Take a good look at the Nikkei225. Tesla is a revolutionary company, transforming the automotive industry with it's tech and manufacturing prowess. At these levels, its a buying opportunity

-2 ( +1 / -3 )

You put every last cent of that eikaiwa salary into Tesla! Early retirement here we come!

-2 ( +0 / -2 )

Cybertruck the amount of new technology, and new manufacturing processes, new quality verification processes, for things regular automakers wouldn't have dreamed of venturing for mass production in the amount of time in took Tesla, like the steer by wire, or the usage of different voltage for the wiring system (reducing the amount of actual cable required, and thus overall weight, but required re-developing from scratch everything to be able to handle a different voltage, etc. etc.)

I will give that as an "innovative" company, not able to meet some deadlines and promisses are acceptable.

But, Tesla has been in the market for about 20 years now... but despite their success of at least las 6 years, they have not invested in anyway to optimize their production line, they could have very well hired engineers and designers from traditional automakers to bring to the state of the line their factorias and car design (no model change since ever).

Avout the Cybetruck, I have to desagree completly. Not a new manufacturing process.. is an old one and inneficient, reason nobody else uses it. New Quality Verification?.. by that if you mean, Cutting edges (literally) of doors... electric system malfuctiions.. and safety systems inadecuacy... sure new they are.

Using stainless metal for car? it has been done (Delorian). Steer by wire? correct me if I am wrong but I think Aston Martin or Lexus (or another maker too) already had SBW long before.

The patents of Tesla... no doubt some are innovative and "world changing" but most of them are just "good ideas on papper" at the best.... Not saying that is bad, other companies like Apple have also a ton of patents and most of them probably will never going to be aplied.

Tesla (the company and the cars) is just a vanity project that has come this far only because of luck and money.. but not becuase of good management and technology.

4 ( +4 / -0 )

opheliajadefeldtApr. 19  12:34 pm JST

Oh dear, what a shame for poor old Musky baby, does this mean he will not be getting his $56billion pay deal?.....I really hope so, it could not happen to a nicer man.

Po' widdle Muskrat. He acquires Twitter so his god TreasonTrump can sass off the hateful mouth again, he treats his employees poorly, has bashed Jews, posted lies about Covid, and nobody wikes him. He don' wanna pay taxes either. He wants it all but he cannot have it. Waaaahhhhhh.

1 ( +2 / -1 )

Tesla at $148 is a life changing opportunity.

just like DJT was at $23

-5 ( +1 / -6 )

Tesla at $148 is a life changing opportunity.

Tesla is the second largest maker of EVs in the world - you know, "Electric Vehicles" which Trump said were all a "hoax" and that are stealing American jobs...

https://edition.cnn.com/2023/09/28/business/cars-trump-uaw-electric-vehicles/index.html

Mega-MAGA-hypocrisy....

just like DJT was at $23

Sure, take financial advice from the guy that has bankrupted six companies...you'd have better luck taking his advice on marital fidelity and losing weight...

4 ( +4 / -0 )

Tesla at $148 is a life changing opportunity.

just like DJT was at $23

Indeed, the former is going to double digits and the latter to zero. Life changing indeed for any investor stupid enough to buy them.

3 ( +3 / -0 )

Indeed, the former is going to double digits and the latter to zero

Cool speculation from s supposed know it all. but what actually Happened?

Reality: $40 to $70 and sell. Then $25 to $35 and sell.

Tesla $170 to $290 and sell. Next- $148 to maybe $250 and sell…

10.000 shares of each for each time.

How much is all that? oh wait, leftists can’t do math. And you refuse to accep money from Musk or Trump.

Nvm, stay woke stay broke.

-5 ( +0 / -5 )

I do know an average guy coworker who bought into tesla early and retired in his late 40’s a few years ago with several million dollars. Jelly.

-1 ( +0 / -1 )

Cool speculation from s supposed know it all. but what actually Happened?

Reality: $40 to $70 and sell. Then $25 to $35 and sell.

Tesla $170 to $290 and sell. Next- $148 to maybe $250 and sell…

10.000 shares of each for each time.

How much is all that? oh wait, leftists can’t do math. And you refuse to accep money from Musk or Trump.

Nvm, stay woke stay broke.

Interesting, such a full-throated indorsement of EVs, which Trump has said; "Writing on Truth Social this past weekend, Trump said electric vehicles are a “hoax” and “all of these cars are going to be made in China.” Trump claims the EV pivot will destroy the US auto industry and kill jobs."

So you're for investing in a company that hawks a "hoax", supports "China", and is "killing US jobs"?

Or do you believe Trump is lying?

2 ( +2 / -0 )

More like pump and dump for Trump.

2 ( +2 / -0 )

How’s it a pump if it’s going to zero? Lol

how’s it a dump if he actually has more shares now than in the beginning?

sounds like someone using terms they don’t understand again.

-5 ( +0 / -5 )

Or even more likely be a chump of Trump’s pump and dump.

2 ( +2 / -0 )

The price of shares only matters to those who own them.

1 ( +2 / -1 )

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