Tesla stock over the last 5 days, compared to Ford and to the S&P

[highplainsdem]

Link to tweet

[Initech]

1. Once again, right wing propaganda ruins everything it touches!

Elon and Kanye - no exception to the rule!

[sarcasmo]

6. Elon and Kanye are having a contest. Who can lose the most money in 30 days.

[Initech]

7. And I'm totally here for it. Let these clowns blow thier money.

When you have so much money that you can buy a social media site just for shits and giggles, you have too much money. :popcorns:

[Hermit-The-Prog]

2. The black line was above the other 2, then dove below. Hmmm. Wonder what happened.

[PatSeg]

3. I love that this was posted on Twitter!

[PortTack]

4. Hope it continues!

[onenote]

5. Tesla stock peaked in November 2021, before Musk started talking about buying Twitter.

Has his purchase of Twitter had a negative impact on Tesla stock prices? Absolutely. But its not the only factor in the stock's decline.

And as is always the case in comparing stocks, when you bought makes a difference. If you bought Ford on January 3, 2020, you paid $9.21/share and today its at around $13.70, a decent but hardly spectacular gain. If you bought Tesla on January 3, 2020, you paid $29.53 and today its hovering just below $200/share -- a pretty nice return still.

[rgbecker]

8. Seems like the usual thing when suddenly someone has a lot of stock to sell.

Elon certainly has to sell something to pay off the old Twitter stock holders...may as well be some of his Tesla Stock.