Tesla’s Engineering Chief Takes Leave of Absence at Pivotal Moment

Re:Tesla’s Engineering Chief Takes Leave of Absence at Pivot... by nodesocket on Saturday May 12, 2018 @02:58AM (#17052857)

How many times are we going to see outrage news that would lead us to believe a company is on the brick of disaster, yet the opposite occurs. Instead of using emotions, let me present facts with stock prices:

United Airlines passenger pulled off PR disaster stock was up 13% 3 months later.

Facebook cambridge analytica at lows at $160. Today $FB closed at $186.99.

Tesla report of death while car was in autopilot and public outrage over Elon's handling of investor quarterly call. May 3rd $TSLA trades down to $285. Today $TSLA closed at $301.

Apple, all analysts go bullish saying X is not selling, suppliers reporting down, consumers complaining about minor details, the end is near for Apple. Trades down to $160 April 27th. Instead Apple crushes quarter, huge $100B stock buyback, divy increase... up 15%. Cook praises Tax reform.

In nearly every circumstance where public outrage and news blasts a solid US company for some minor incident, it has been profitable to buy the dip. I can provide many more examples if so desired.

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Re:Tesla’s Engineering Chief Takes Leave of Absence at Pivot... by vasco on Saturday May 12, 2018 @03:13AM (#17052887)

It's almost as if journalists aren't actual stock market analysts. Media in general suffers from believing their own lies. News rooms hype up stories with outrage based on "it is said that..." kind of stories, which then generate clicks, and somehow think this has anything to do with companies bottom lines.

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Re:Tesla’s Engineering Chief Takes Leave of Absence at Pivot... by moomin on Saturday May 12, 2018 @03:18AM (#17052907)

Yeah, I remember when Enron used to shrug off negative news by showing their stock price graphs. The market doesn’t always price in bad news, until it does.

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Re:Tesla’s Engineering Chief Takes Leave of Absence at Pivot... by nodesocket on Saturday May 12, 2018 @03:22AM (#17052914)

Do you honestly believe Tesla and Elon are flat out lying and committing fraud like Enron/Skilling though? If you do, that is fine, but I'd be curious to hear your argument.

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Re:Tesla’s Engineering Chief Takes Leave of Absence at Pivot... by personjerry on Saturday May 12, 2018 @05:40AM (#17053252)

I believe you’re too focused on the example (“Enron”) and missing the point (“The market doesn’t always price in bad news, until it does.”) of the parent comment.

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Re:Tesla’s Engineering Chief Takes Leave of Absence at Pivot... by empath75 on Saturday May 12, 2018 @04:02AM (#17052994)

It is until it isn’t.

The market is still willing to shrug off news like that because we’re not in a recession or a bear market yet.

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