Tesla announces earnings miss expectations by 34.89% and the stock trades up after hours. Something is rotten in the state of Denmark.

  • wise_pancake@lemmy.ca
    link
    fedilink
    arrow-up
    23
    ·
    6 days ago

    Now plot 1 or 2 years

    The Tesla stock is insane. I’d short it if I didn’t think their investors were morons.

    • jordanlund@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      6 days ago

      It was 144 1 year ago, and 255 now, but that’s just showing it returning to normal after hitting the peak at 479.

      The reason it climbed to 479 was because of Elon’s association with the Trump campaign, people thought it would be good for the company, then the bubble popped.