Tesla’s latest decline could be one for the history books, JPMorgan analysts say

5 comments

1. Tesla shares are currently at around $236. On April 19 of last year, it was $147. On April 3, 2020 it was $32. Speculators pumped the stock after the elections last year then started selling when it peaked at $480. Same thing happened in 2020. This is not news, it’s just how investment firms play the stock market. JPMorgan knows this very well, it’s what they do.

2. It was once the future, now it is being overtaken by other companies, especially the Chinese companies, while the CEO gets high out of his mind and destroys the US government.

   There is no self driving, there are no robots, the battery parts of the company are not exceptional, the cars are neither of exceptional quality nor exceptionally cheap, the cybertruck is hideously ugly and unpopular, there are no plans for significant improvement.

   Tesla is on its way to become the biggest EV company in the USA while it dies everywhere else.

3. Unfortunately, a Nazi running a car company is not the unprecedented part but the reaction from society while agonizingly delayed is moving in the right direction

4. Between over valued stock price, purposefully antagonist leadership to their primary consumer base, failure to deliver on product expectations/promises along with increased global competition (more relevant outside the US), Tesla is not in a good spot

5. It’s almost like shitting on your customer base was a terrible business move. Right wing individuals are not wealthy as a whole so they can’t afford those cars. And in Musk fashion, ruins anything he touches, quickly becoming just like trump.

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