Re:Tesla shares tank after U.S. discounts doubled on key models
by Fatnino on Friday December 23, 2022 @02:17PM
(#34109586)
The market can stay irrational for much longer than you are solvent.
Re:Tesla shares tank after U.S. discounts doubled on key models
by seanmcdirmid on Friday December 23, 2022 @03:18PM
(#34110161)
Tesla is priced as a volatile growing tech company, for better or worse. They aren’t priced according to current performance, but predicted future performance.
VW is a known thing, they aren’t expected to get much bigger than they are today, they might even shrink a bit.
Tesla is more of a risky bet, which is why it’s stock price is so volatile.
Re:Tesla shares tank after U.S. discounts doubled on key models
by icelancer on Friday December 23, 2022 @03:23PM
(#34110198)
> If you want to make some money in the next year or so, open a short position on Tesla. Not financial advise, just 2 cents from a guy that worked in the motor industry for 15 years
Short pressure is enormous. It's not cheap to open this position.
Their market share price is speculation from fan boys that want a poorly manufactured usb mouse to drive in that you have no way of fixing yourself or even taking to a specialist.
If you want to make some money in the next year or so, open a short position on Tesla. Not financial advise, just 2 cents from a guy that worked in the motor industry for 15 years