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Tesla has lost almost 40% of its value this year

Brutal
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Tbh I love the Tesla that I have. I have never cared about all the electric car hate, it just makes me laugh. The only thing that has sullied my enjoyment of the car is Elon Musk himself. He is the sole reason that I would likely not buy another one when I decide it's time to change cars. I would definitely go electric again though. I have a fossil fuel car too so I have options when I need longer range with less stops.
@UBotMate everyone i know who has a Tesla loves it. Great product. Cybertruck issues not withstanding. "Bad Will" is a powerful force in sales. Musk managed to take away that pride in ownership.
JamesBugman · 56-60, T
Who cares what the stock value is, the important parts are sales of product. Has that dropped off considerably?
It sure would suck to buy a brand new one and then some a-hat spray paints all over it, dents it, or keys it repeatedly.
Maybe buy one that is already scratched and dented and then that issue goes away.
Might be a new concept in cars going forward. ;)
@JamesBugman sales have dropped off considerably. 75% drop in Germany post heil Hitler.
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@MarmeeMarch look at it however you want. A 40% drop is bad.
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@MarmeeMarch settle down Francis. lol
Everyone (including Musk) has been claiming it was probably over valued.

Most likely just because they were hoping it'd keep going up.
DanielsASJ · 36-40, M
Does stock value define value of a company? It was an inflated stock and it's cooling off.
DanielsASJ · 36-40, M
@JonLosAngeles66 A company is essentially bought on sentiments. Globalization is a game of democrats. And it's what Trump had announced so many months in advance

If you are a long term invester, hang in there. Short term investors may exit but risk is involved.
@DanielsASJ it's not as simple as the stock price. Though if you're a publicly traded company the measurable value of your company is the stock and as it gets low, you are vulnerable to being taken over.
DanielsASJ · 36-40, M
@JonLosAngeles66

[media=https://youtu.be/wR6i0mHfb2Y]
It's a good time to buy a used Tesla!
Pretzel · 70-79, M
Sort of like the value of the rest of the stock market? Jk
RachelLia2003 · 22-25, F
i hate electric cars. mr elon musck is ok as vp. he knows stuff but i hate his cars. petroleum engines are the real future
thisguy20 · 41-45, M
Amazing how its lost +/- 40% of its value and it is STILL significantly overvalued...
@thisguy20 yeah
DanielsASJ · 36-40, M
In market, if you lose money, someone else makes it.
@DanielsASJ people do make a lot of money in times of turbulence
DanielsASJ · 36-40, M
@JonLosAngeles66 You enter stocks, you have to be wise. Otherwise invest for long term and live hassle-free.
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