To be fair, the overall stock market doesn't look ...
# water-cooler
b
To be fair, the overall stock market doesn't look much better.
m
Um, the Dow dropped 9%. S&P dropped 20%. Nasdaq dropped 33.1%. So I guess that depends on your definition of "much better". A 66% drop KIND of seems like maybe something else other than "lol the economy" is going on, but what do I know 😄
Though, I guess, buy the dip? LOL. I cannot imagine Tesla is going anywhere, stock price tank or not. They sell a ton of zippy autos.
z
yeah, but it really doesn't help to piss off your core liberal leaning client base does it, and they were massively overvalued, kinda like uber and it's a crowded market these days
and given their market cap, what % was that overall drop in Telsa alone?
m
Getting more crowded. Elon is going to go find something else shiny, he'll exit Tesla but stay as a shareholder, and Tesla will settle into being a niche, American EV maker as GM eventually takes over the lead spot. That's my crystal ball for the day.
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z
is twitter still shiny?
m
I think it is, for the moment, but I also think Mr. Musk has entered into the "finding out" portion of the equation and does not like it one bit. He went there for love and figured out that a majority of twitter people just want to post cat pics and bitch about their sports teams, and he was disrupting their daily troll sessions with drama. The dude's ego is paper thin, he'll go somewhere else where he's loved soon. My prediction: fusion energy. Now that we've had a fusion ignition that makes more energy than was needed to start it, we've proven it is viable. Musk wants to be Tony Stark. There's little chance he doesn't chase that rabbit.
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m
I like Twitter it a WHOLE lot better; no longer is my feed filled with political BS - left or right; I am actually starting to see the coders and programming groups that I follow again (those that haven't left anyway). Tesla will go back up, I am kinda hoping for it to hit 100USd before I buy tho
g
"Tesla will go back up, I am kinda hoping for it to hit 100USd before I buy tho" Wouldnt yo be better buying now - in the hope it goes up to 100?
e
Testla stock is finally at a point where I can buy a share..
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