Re:Tesla engineers were on-site to evaluate the Twitter staf...
by SketchySeaBeast on Saturday October 29, 2022 @09:36PM
(#33390004)
Ah, so the good is Elon, the bad is Jerome Powell? Also, the whole stock market isn't down 43% - the S&P is only down 13%.
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by wfme on Saturday October 29, 2022 @10:24PM
(#33390387)
TSLA has underperformed the S&P 500 over the last year, but vastly outperformed it if you expand your time frame to 5 years - ~1,000% vs 50%.
Perhaps comparing the 43% drop over the last year to other comparable companies would provide a better picture.
1 Year TSLA: -43.28% GM: -29.99% FORD: -26.13% STLA: -33.09%
5 Years TSLA: 1,019% GM: -8.24% FORD: 9.24% STLA: -25.23%
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by Klinky on Sunday October 30, 2022 @12:20AM
(#33391035)
Obviously Musk should go on Twitter and lie that he's taking Tesla private again to juice the stock. Maybe he'll get two slaps on the wrist this time.
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by spookie on Sunday October 30, 2022 @05:23AM
(#33392698)
You can't compare such a recent company, to others that were well established for decades. It means nothing.
I believe the criticism comes from the volatility of the company.
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by cercatrova on Saturday October 29, 2022 @10:51PM
(#33390549)
Who says Jerome Powell is bad? Fighting inflation due to, well, inflated asset values is a good thing, not bad. Just because it makes numbers go down doesn't mean it should be considered a bad thing.
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by cuteboy19 on Saturday October 29, 2022 @09:44PM
(#33390075)
Arguably the increase in the stock was because of the feds monetary policy. Low interest rates are why speculation was rampant in the past.
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by dilyevsky on Saturday October 29, 2022 @09:54PM
(#33390154)
If you haven’t noticed the whole market got a 10 year rally because the FED poured insane amount of money into economy
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by lupire on Saturday October 29, 2022 @10:19PM
(#33390342)
TSLA got far more than a proportional share of that.
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by thelittleone on Sunday October 30, 2022 @03:38AM
(#33392101)
Can you expand on that? I'm genuinely curious about the stats.
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by dilyevsky on Sunday October 30, 2022 @01:36PM
(#33396622)
Yeah but would it ever become a hot stock it is without so much dumb money slushing around?
Re:Tesla engineers were on-site to evaluate the Twitter staf...
by SantalBlush on Saturday October 29, 2022 @10:20PM
(#33390356)
The Fed had been giving corporate handouts via rock-bottom interest rates since 2008. Your reasoning is backwards.
In case you didn't notice, the whole stock market got hammered this year because the FED started raising interest rates.