The Hoarse Whisperer: Oh, just another $25 billion in Tesla shareholder value up in flames.

[highplainsdem]

Link to tweet

Oh, just another $25 billion in shareholder value up in flames.

I wonder when Tesla shareholders are going to file their first lawsuit about Musk tanking the stock.

[scarletlib]

1. Wow!

[sunflowerseed]

2. Damn!! I should have shorted tesla! Probably still

Should! He can't stop being an asshole.

[getagrip_already]

3. aww c'mon.... you can't look at 1 day performance and make any statements from it.....

Sometimes, stocks go down. Sometimes, they go up.

An inter-day swing means exactly squat unless you are actively trading.

What is the 30-60-90 day trend? How does that relate to the industry? To the market?

It could be back by 3.

[mopinko]

4. i think a dead cat bounce is the best he can hope for.

ppl bought his car cuz it was the only girl in town.
he’s dust.

[getagrip_already]

5. sadly, stock prices lost their relationship to company performance a while ago.....

Institutional and fund holdings regulate the stock price; not earnings.

I'm sure tesla's sales are hurting, but that won't directly impact stock prices as long as the shot callers hold their stakes.

[Gore1FL]

14. It was 399.93 on 1-1-22

It hit a "temporary" low of 254.68 on 2-23-22.
On 4-4-22 it hit it's last peak at 381.82.

Right now it's value is what it was in November of 2020 with no clear sign of or reason for a rebound.

[Stuckinthebush]

20. Yes this isn't just a short term crash

It's a trend. Given Tesla problems coupled with Musk's tanking of his brand I'd imagine it'll continue to slide.

[sir pball]

22. Here's the 3m data

[RAB910]

6. For reference the market as a whole is up a bit. This is all due to Musk acting like a first rate

asshole

[patphil]

7. I looked at Tesla's (TSLA) stock history.

On 9/19/22, it was at 309. Today it's at 171.

With Muskie shooting off his mouth with such ridiculous statements, I expect it will continue to fall.
I agree that at some point the stockholders will rebel.

[Alexander Of Assyria]

19. The history is all over the place. A Tweet about a few hours is...tweet worthy, not much other worth.

[patphil]

23. Going back to January of this year, it was approximately $400 a share.

As of this post it's about 168; down by almost 60% from its year high.

Of course the other reason the stock is dropping is competition. Tesla is still the top dog in full electrics, but it's share of new all electric sales will continue to drop as other auto makers come into the all electric market.
Add that to Muskie's radical political position and that stock will continue it's downward trend.
Investors may not care about a company's politics, but car buyers do.

[Alexander Of Assyria]

24. Exactly. Competition will be fierce in the future where the stock market gazes.

No good alternative to Tesla now, the company a decade ahead of its time.

Decade over soon.

[patphil]

25. The F150 Lightning is a strong indicator of what Tesla is about to face.

[Prairie_Seagull]

8. This guy has many irons in the fire but

"to big to fail" I don't know, It's looking like there are chinks in the armor.

[Tetrachloride]

9. 52 PE ratio. One statistic but its one of the big ones.

For people new to these numbers. PE numbers over 20, okay 30) mean strong growth and or over priced.

PE under 10 means no growth expected and may crash. Or it’s undervalued.

[RAB910]

10. I think Musk can thank Kathy Woods for helping to inflate that number

[LetMyPeopleVote]

11. This makes me smile

Who would buy a Tesla now days?

[dalton99a]

12. True believers and worshippers of the amazing genius

[calimary]

13. Wow indeed!

[republianmushroom]

15. Tsk Tsk

[Cha]

16. lol.. I bet musk just loves

the Hoarse.. .. Not as much as I do!!

TY, hpd.. so glad mush isn't getting away with his shit.

[70sEraVet]

17. The problem seems to be, that the Tesla brand is tied too closely to Musk's personality.

They are inseparable, like conjoined twins. So that when one starts to fall from grace, it brings the other down. Musk makes everything about him, so that a Tesla stock is a Musk stock.
I wouldn't buy one.

[LudwigPastorius]

18. Most investors don't care about the CEO's politics.

This is one day of trading, and any recent downward trend has more to do with potential COVID lockdowns in China than Musk beclowning himself.

[Zorro]

21. I suspect it is more than that

Musk's behavior is offensive to a lot of current and potential future customers, and is making people consider viable alternatives. I would not be surprised if other car companies make significant gains in the EV marketplace over the next couple of years to the detriment of Tesla's current market share, which has been drifting down over the last year; Musk's escapades will probably accelerate that trend.

I also suspect that Musk and Peter Thiel communicate with each other quite a bit, since they share a common Paypal history -- and that Thiel has made an influence on Musk's political views.