Tesla stock down nearly 10% today. Looks like Elon better sic his cost saving hackers on that little problem.

[MLAA]

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[Aviation Pro]

1. Buy the dip, dipshits

Value, what's this value you speak of?

[Blues Heron]

2. Cool! Keep protesting the Tesla showrooms/car lots!

These guys hate losing money!

[Walleye]

3. And Twitter is all fucked up too. ?Can Elon beincompetent?

[winstars]

5. Tesla stock down, Twitter down and big boy rockets down... and its only Monday!!!

[MLAA]

10. Impossible! An egomaniacal psychopath be incompetent? Never!

Forget that little thing you heard about Dunning-Kruger, it’s fake news!

[ProfessorGAC]

4. While It's Well Deserved...

...it's still up over 34% on the last 365 days, so there won't be a stockholder revolt just yet.
There should be, but there won't be.
It's down 41% over 6 months though, so some investors are taking a beating.

[Yavin4]

9. Maybe the big Tesla shareholders know something that we don't.

I have no idea of what it could be.

[ProfessorGAC]

11. I'm Dubious

The big holders got it early so their profits are still enormous. Just not as enormous.
And while the stock is inflated like a tech stock, they can't sell appreciable amounts without causing a downward spiral.
I think they're basically stuck with a mountain of paper profit, but as long as they still have 15-18x what they put in (the IPO price was $17) over 14 years, they're still happy with the 22.5%/year growth.
I don't think they have special knowledge, just luck.

[edhopper]

6. Still way overpriced

it was in the $20 to $40 range until 2020, when the promise of self driving cars drove the price over $300.
It's Market Cap is still 4X that of Toyota, the worlds biggest car maker.
A more realistic price is down another 75%.

[ProfessorGAC]

12. If That

Based on revenues, assets & earnings I think it should be much lower than Toyota. Closer to GM, I would think, which is around $48 per share.

[edhopper]

13. It's not share price that matters

It's the PE Ratio. The other auto makers have a PE of 6 to 10.
Tesla's PE is 80. When it is down to 10, the stock will be priced right. That is a 75% to 80% drop.

Share price is also due to total number of shares, which differ from company to company, that is why PE and Market Cap matter.

[ProfessorGAC]

14. We'll Agree To Disagree

10 is too high for a P/E given their revenues & margins.
In addition, their P/E is not 80. It's 112+.

[edhopper]

17. I agree

I was being generous with the PE of 10, as that is the high end of Auto makers.
The PE was something I did a quick search for, so I accept it if yours is more accurate.

[Johnny2X2X]

7. saw a bunmper sticker on a Tesla

"I bought this before we knew he was crazy."

The brand is destroyed. Customer satisfaction was very high with Tesla, but people simply won't own them anymore as it makes you a target now.

[Takket]

8. guess it is time to issue another "meme coin" so for the 5000th time the MAGA rubes can invest in nothing

[HAB911]

15. TESLA INC $229.77 -$32.9 (-12.53%)

[dalton99a]

16. It's a car company priced as a tech company thanks to his worthless software and endless promises