Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tesla stock falls again, toward longest losing streak in more than 4 years

marketwatch.com

Post reply on HN
Print view View original

41–50 of 387 posts

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#41

Post by the_snooze »

Robotbeat wrote: post #19
Waterluvian wrote: post #10

Earlier quoted context omitted.

I think B only matters as a signal of leadership instability. And I think it tells us nothing new about Mr. Musk that we didn't already know. So I think B is probably not really a factor. A is plenty enough to explain the market behaviour.

Wait, you guys know that was a joke, right? Is it okay to not do due diligence on claims because we don’t like a guy? (Which isn’t to say it makes the market feel better, but come on…)

If he wants to joke, he should give up the CEO's office for a clown gig.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#42

Post by [deleted] »

ztrcx wrote: post #33
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

[flagged]

[deleted]

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#43

Post by greenthrow »

kylecordes wrote: post #29
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later. I don't understand the thesis that Musk is somehow pro-Russia. Generally his ventures are against Russia interests: SpaceX, launched in the aftermath of Russia being uninterested in selling a leftover rocket to Musk, now dominates the launch industry to the detriment of Russia, among other things halti…

This take does not track with reality. Musk pushed Russia propaganda about Ukrane and repeatedly defended his position.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#44

Post by fwip »

leereeves wrote: post #23
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

Musk "praised" that insane Russian tweet by saying: > Those are definitely the most absurd predictions I’ve ever heard, while also showing astonishing lack of awareness of the progress of artificial intelligence and sustainable energy. https://twitter.com/elonmusk/status/1607565268150091778

Sure, 4 hours after he replied "Epic thread!!" and somebody convinced him to do some damage control.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#45

Post by panick21_ »

hericium wrote: post #8

$LCID down 70%. Elon: "they are not long for this world" $TSLA down 70%. Elon: "unfavorable market conditions"

LCID barley less any vehicles, and is losing billions, has bad automotive margin.

Tesla, is growing, has leading margin, made 3 billion $ last quarter.

Totally comparable.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#46

Post by [deleted] »

Robotbeat wrote: post #19
Waterluvian wrote: post #10

Earlier quoted context omitted.

I think B only matters as a signal of leadership instability. And I think it tells us nothing new about Mr. Musk that we didn't already know. So I think B is probably not really a factor. A is plenty enough to explain the market behaviour.

Wait, you guys know that was a joke, right? Is it okay to not do due diligence on claims because we don’t like a guy? (Which isn’t to say it makes the market feel better, but come on…)

[deleted]

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#47

Post by coolbreezetft22 »

olddustytrail wrote: post #15
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

Musk was very clearly mocking the propaganda tweet, not praising it. I wouldn't put much confidence in the predictions of someone who didn't realise that.

It reads to me more like jesting between pals...this isn't the first time he's retweeted and conversed with Medvedev in a light-hearted fashion like this. There is a reason the Kremlin and their propaganda is supportive of Musk.

Meanwhile Twitter is banned for ordinary Russians by the Russian government, why isn't he questioning Medvedev over that?

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#48

Post by victor106 »

friedman23 wrote: post #5
andrewmcwatters wrote: post #2

Probably closer to fair value now, still overpriced though.

Funny enough I think it's actually undervalued now. Tesla has bought up all the mining rights for the minerals required to ramp up battery production and will likely be the only EV manufacturer that's not supply constrained for the next decade. I'm still not bought in yet, probably a lot more room for it to crater.

> Tesla has bought up all the mining rights for the minerals required to ramp up battery production

Source?

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#49

Post by hobo_mark »

leereeves wrote: post #23
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

Musk "praised" that insane Russian tweet by saying: > Those are definitely the most absurd predictions I’ve ever heard, while also showing astonishing lack of awareness of the progress of artificial intelligence and sustainable energy. https://twitter.com/elonmusk/status/1607565268150091778

That course-correction came five hours after the original tweet.

Re: Tesla stock falls again, toward longest losing streak in more than 4 years

#50

Post by cma »

ztrcx wrote: post #33
CharlesW wrote: post #6

From https://twitter.com/BriannaWu/status/1607719007892738050 , written while Tesla was at $123.15: While the markets have been closed, two major stories about Tesla have broken. A. Tesla is shutting down factories because demand is plummeting. B. Musk praised a truly insane Russian propaganda tweet, predicting the fall of the west She expects Tesla to fall below $100 by 1/1. It seems notable that the price of used T…

[flagged]

Tesla went past the value of the entire auto industry before Biden entered office.
Post reply on HN