US Stock Market

[JINSAKAI]

A thread to discuss anything related to US stock markets …

[SAPPORO]

Not sure for the entire stock market, but it looks like Tesla might be going down to $23!
Need DesBakth in this forum for alternative views on various topics

[JINSAKAI]

Not sure for the entire stock market, but it looks like Tesla might be going down to $23!
Need DesBakth in this forum for alternative views on various topics

This will ensure even PakkaPuneri2021 will be active again …

[sunnysideup]

Tesla is reporting earnings tomorrow. Expectations are that they are going to miss the numbers.
Might go down further if so.

[soxfan]

Crucial earnings report for Tesla - all the indications that it’s set to go down even further. Increased competition in the EV market combined with Tesla’s attempts to get into too many markets seems to have spooked the market. I guess Musk’s constant tweets are not helping stock as well.

All said, if it goes down to 125 area, I would be a buyer.

[Lakshya]

I feel Tesla is going Boeing way... Big name but not performing well... I do hold Tesla stocks and may have jumped too early... Though, as a car, I really like it.. I mean, I have not driven other EVs, so I really can't compare... But the only thing I love is that I do not have to go to a gas station. And it has some decent power compared to a gas car. I know it can't beat JINSAKAI's power machine...

[SAPPORO]

I feel Tesla is going Boeing way... Big name but not performing well... I do hold Tesla stocks and may have jumped too early... Though, as a car, I really like it.. I mean, I have not driven other EVs, so I really can't compare... But the only thing I love is that I do not have to go to a gas station. And it has some decent power compared to a gas car. I know it can't beat JINSAKAI's power machine...

There is very little hope for Tesla since it put all its eggs in one basket namely EV and there are not a lot of takers for it even with the middle east on fire and if the 'other guy' comes back, they can pretty much shut the shop. Moreover, I don't trust a single word uttered by Elon.
Incidentally, GM had a record first quarter!

[SAPPORO]

There is regular depreciation with automobiles and then EV depreciation and with Tesla there is also depreciation due to massive price reductions. Musk will say anything to get the stock at least a temporary lift!
https://www.cnbc.com/2024/04/23/tesla-t ... 2024-.html

[JINSAKAI]

There is regular depreciation with automobiles and then EV depreciation and with Tesla there is also depreciation due to massive price reductions. Musk will say anything to get the stock at least a temporary lift!
https://www.cnbc.com/2024/04/23/tesla-t ... 2024-.html

Based on my limited understanding of Cruise’s architecture, looks Robotaxi by Elon may be just another “Smoke and Mirror”

[SAPPORO]

Kitty is back with a roar! https://www.cnbc.com/2024/05/13/gme-jum ... again.html
Next on Kitty's list, possibly DJT He seems to have brought E*TRADE down. These are kinds of things that makes me to not trust my future with the stock markets.