Tesla’s Cybertruck may not be so stainless after all::‘Literally bulletproof’ but needs constant cleaning to stave off corrosion
Tesla’s Cybertruck may not be so stainless after all::‘Literally bulletproof’ but needs constant cleaning to stave off corrosion
zooms out 5 years
Up nearly 800%
Yup, keep riding that baby down. I bought in 2011, sold 2021. Thanks for buying me a house!
Now I get to watch that child Elon fuck up this golden goose, and I don’t have to lose money while I laugh!
Oh I don’t own the stock. But you can’t deny that it’s been a great asset for anyone that got in early. Saying it’s down 30% from 6 months ago without looking at the big picture is short sighted.
Also, fuck Elon
The stock is down 30% since June, if you want more context, it’s lower now than it was January 2021. Meaning if you’ve been holding Tesla stock for 3 years, you are in the red. This In a period where inflation has also undermined the value.
Seems to me that a warning that Tesla might not be a good stock to hold anymore is in order.
https://finance.yahoo.com/quote/TSLA/
The big picture is that Tesla is really only worth 5-10% of the current market cap, when you compare to for instance VW.
My dude, even legacy stocks that pay dividends like fucking Costco and Microsoft are up 250+% the past 5 years. The market has been absolutely bonkers the past 5 years, and acting like Tesla is some incredible investment and not just a meme gambling stock is pretty hilarious.