Tesla Stock Tanks loses 14 billion

[AZADPAKISTAN2009]

@Hamartia Antidote

Hope you manage to sell your share
You were pretty sold on Tesla

14 Billion !!! Loss is a big one

 

[Aspen]

That wasn't even the stupidest tweet he sent that morning

 

[PakFactor]

That wasn't even the stupidest tweet he sent that morning

Dude tweeted he’s selling his house and belongings, if SEC gets on his *** he sure as hell doesn’t need a house. Lol

 

[Dark-Destroyer]

Guys seems unstable

 

[AZADPAKISTAN2009]

I kinda called it a while back

>Moment Saudi Aramco shares will go public , the market will crash the Sheikh money will be wiped out in matter of days

This Tesla is also a ponzy scheme

 

[PakFactor]

I kinda called it a while back

>Moment Saudi Aramco shares will go public , the market will crash the Sheikh money will be wiped out in matter of days

This Tesla is also a ponzy scheme

This 1Q 2020 they barely squeezed out a 16M profit and it shot up wildly which made no sense at all compared to other auto manufacturers.

 

[Hamartia Antidote]

14 Billion !!! Loss is a big one

The stock had already risen a whopping $55 Billion since April 3rd so 14 Billion is not exactly a tank.

They are now where they were 2 weeks ago and well above their start of the month price.

They are still at $129 Billion

To put that crazy number in perspective Volkswagen's Market cap in only half at $67 Billion even though they sell over 30 times as many cars as Tesla.

 

[Dalit]

They are still at $129 Billion
View attachment 629366



To put that crazy number in perspective Volkswagen's Market cap in only half at $67 Billion even though they sell over 30 times as many cars as Tesla.
View attachment 629367

Don't act like a hero. Elon is not very stable. Admit it.

 

[Hamartia Antidote]

Don't act like a hero. Elon is not very stable. Admit it.

The guy started a company that designed/built/launched the most powerful rocket in the world with private money in only a handful of years. It was only their second rocket design.

Even decades of rocket development by countries like Russia and China with THOUSANDS of their best minds and hundreds of Billions in state funding and DOZENS of designs have not had success close to that.

Even China's latest mighty Long March 5 is only slightly more powerful than SpaceX's first rocket design launched 6 years ago. That's just insane.

The third design is just going to go way off the charts.

new rocket engine is a breakthrough full-flow staged combustion and will be the first ever used in a rocket.

 

[RIP Pak LAW]

He lowered the company's shares deliberately now wait and watch its astronomical rise in few days time. He ain't stupid.

 

[Dalit]

The guy started a company that designed/built/launched the most powerful rocket in the world with private money in only a handful of years. It was only their second rocket design.

Even decades of rocket development by countries like Russia and China with THOUSANDS of their best minds and hundreds of Billions in state funding have not had success close to that.

Even China's latest mighty Long March 5 is only slightly more powerful than SpaceX's first rocket design launched 6 years ago. That's just insane. The third design is just going to go off the charts.

Yeah we have already heard of that bragging achievement and that is not the discussion at hand.

Any CEO who sends a Tweet to the world knowing it will wipe a significant amount of share value needs to check a doctor.

 

[Hamartia Antidote]

Yeah we have already heard of that bragging achievement and that is not the discussion at hand.

Any CEO who sends a Tweet to the world knowing it will wipe a significant amount of share value needs to check a doctor.

Even geniuses like Einstein have been known to act wacky at times

 

[Dalit]

View attachment 629368
Even geniuses like Einstein have been known to act wacky at times

Not wacky enough to diminish the value of shares by billions.

 

[Hamartia Antidote]

Not wacky enough to diminish the value of shares by billions.

LOL! It's back to where it was 2 weeks ago (686) not 2 years ago. He thought the recent sudden rise in April was unjustified.

From your words you'd think the company tanked or something.

Look where it was April 3rd (480)

 

[Hamartia Antidote]

I kinda called it a while back

>Moment Saudi Aramco shares will go public , the market will crash the Sheikh money will be wiped out in matter of days

This Tesla is also a ponzy scheme

Wait...you are unhappy Elon Musk said his stock is overpriced..and now you say it is a Ponzi scheme...isn't that a huge contradiction in your logic.