People love his promise Tesla shares jump 12% after Musk says company aims to start production of affordable new EV by early 2025
revenue report is about the past price is about future
It’s about promise but risk is higher if under delivered
Ponzi
It’ll drop lol. Stocks always do this type of stuff. Their earnings were terrible
Their earnings were already accounted for in 40% price drop this year
$25k Model 2 is back in the game, production starts late 2024 to early 2025, investors rejoice
Wait for model 1 in early 2030 for 10k
I love how Musk lives rent free in so many heads. Cry harder haters
A lot of shorts to close. No way it would just keep declining. It'll bounce.
It was way oversold for no reason. Look at one year back chart
It had a high pe going into earnings though, not like it was cheap