Nobody wants to buy a swasticar, so I predict it will soon be illegal in the US to buy an EV from any other company than Tesla. Because free speech absolutism or something, whatever.
I know I’m showing my age here, but Incel Camino is brilliant.
I would like to have an ev, but I don’t want to buy from a Nazi
Plenty of other good options. About to grab a used BMW i4 to replace my Model y perf.
$TSLA is down 41% in 3 months🤭
It’s still +26% in 6 months, +58% in a year and +535% in 5 years. There’s still a long way to go down unfortunately.
Not with their P/E ratio at 273.22 🤣
The average P/E for the auto industry is 29.97. $TSLA is beyond overvalued. If it stays like this, it’ll take another massive hit after the Q1 earnings call on April 29th.
When does it affect the Twitter loans?
That’s would be interesting to know. He bought Twitter on October 27th 2022 when TSLA was around 225 (having fallen from above 330 when he first announced he was going to buy), and it’s now at 272, so he’s got about 17% left before it drops to the same value. Presumably the loan was for less than the full value of his TSLA holding, so he’s still got some margin left, but I can easily believe the banks will be wanting extra collateral pretty soon considering it’s down 30% in the last month alone.
