Are you actually trying to deny that Tesla's stock price did not dropped around 25% since the start of 2021?

Because all you need to do to refute that is look at the stock price.

> It's up for the month.

No, not really. On June 1st Tesla was trading at $623 and today it's trading at $604.

> There's a huge difference between a correction after a surge and a stock being a train wreck.

The best thing about the stock market is that people can just put their money behind their beliefs.

A tanking global market share, increased competition globally but specially in China, a 63% drop in sales, earnings with an overreliance on tax credits and crypto sales... Well, anyone decides what to do with their money.

I'm saying that calling the stock a train wreck is wishful thinking. Crying doom and gloom because the stock is down 25% over the past 6 months when it is also up 200% from the past 12 months is some serious cherry picking. Yes, the stock was likely overvalued by hype for a period. Maybe it will continue to fall for a while. And? On June 1st it was $623. Well, in early June last year it was below $200. To call it anything but a major success is one heck of a long shot.

> a 63% drop in sales

I don't really follow these things but I'm pretty sure that's not correct.

edit: decided to read their financial statements. Q1 2021 automotive sales appears to be up 77% YoY. To make such confident statements on the direction of a company while making basic, yet enormous mistakes like this is exactly what I mean by wishful thinking.

https://tesla-cdn.thron.com/static/R3GJMT_TSLA_Q1_2021_Updat...