Re:Twitter just banned a wave of prominent journalists with ...
by fredophile on Friday December 16, 2022 @01:50AM
(#34011447)
In the last 6 months Tesla is down over 25%. Ford and GM are up 15-20% over the same time period. They're a lot closer to Tesla than Meta or Zoom is.
Re:Twitter just banned a wave of prominent journalists with ...
by IncRnd on Friday December 16, 2022 @12:20PM
(#34017278)
Proterra, an EV maker is down 51% YTD. Lucid, an EV maker, is down 52% in the last 6M and 82% YTD.
GM is down 41% YTD. Stocks are funny that way.
Re:Twitter just banned a wave of prominent journalists with ...
by ilyt on Friday December 16, 2022 @02:33AM
(#34011822)
You cherry picked stocks that went down and try to make that into argument.
Re:Twitter just banned a wave of prominent journalists with ...
by memish on Friday December 16, 2022 @02:36AM
(#34011848)
That is what people are doing with TSLA. Cherry picking one of many tech stocks that went down and trying to attribute to something other than macroeconomic factors.
All tech stocks took a dive.
Re:Twitter just banned a wave of prominent journalists with ...
by UncleMeat on Friday December 16, 2022 @04:45AM
(#34012683)
Tesla isn't a tech stock. They sell cars.
Re:Twitter just banned a wave of prominent journalists with ...
by ideamotor on Friday December 16, 2022 @06:33AM
(#34013407)
Correct. It’s a memestock. Also, I didn’t cherry pick anything, I compared tesla to the entire US market.
Re:Twitter just banned a wave of prominent journalists with ...
by Pxtl on Friday December 16, 2022 @10:28AM
(#34015634)
amzn and zoom were the kings of the hill during COVID shutdowns, it only makes sense that there would be a fall after that rise. Nvidia has been ruined by supply chain shortages and the end of proof-of-work on Eth. Facebook has been on the rocks for years, and the Metaverse has been a complete debacle. The only one in that list imho that could be taken as a general "state of tech stocks" is GOOG, because while GOOG's products are having rocky performance they always are.
To pretend that TSLA is an outlier is a bad argument.