Tesla falls from $900 to $793 Ouch ...

[xyxmt]

Arbitrary number. Market cap is the amount people are willing to invest in the company. There is no rigid rules on what this number should be, as long as the company is healthy and innovative.

Read my post on how much the ROI of this stock is and all naysayers are just spitting garbage.

lol I think you have not seen the ROI of banks and mortgage companies back in 2000, right before they crash in the gutters. ordinary people who invest in stock have no clue about the fundamentals they follow the professional stock investor who create hype and pull the plug when time is right.
People say Tesla is a tech company, I wonder what tech have Tesla invented, electric motor? Dash board computer? or battery?

once Toyota comes out with their first fully electric car then Tesla will go down to $35, RAV4 Prime was just a sample of that 5000 were built and gone in 2 weeks.

 

[Shehr Abbasi]

lol I think you have not seen the ROI of banks and mortgage companies back in 2000, right before they crash in the gutters. ordinary people who invest in stock have no clue about the fundamentals they follow the professional stock investor who create hype and pull the plug when time is right.
People say Tesla is a tech company, I wonder what tech have Tesla invented, electric motor? Dash board computer? or battery?

Stocks don't crash mate. Banks crash when there is rare incidents of their mismanagement of their assets pertaining to creditors and depositors therefore they become insolvent.

On the other hand, a stock becomes worthless only when its company files for Chapter 11 Bankruptcy, which is never gonna happen to Tesla. You know nothing about finance lmao.

 

[xyxmt]

Exactly... It's going to hit $2000 by the end of the year.

if you don't believe that then you wouldn't have bought their shares.

 

[That Guy]

I've said it before, while Tesla is a very valuable company with a promising future, it is current value is far too inflated. It is not worth what is current stock market suggests. It's got a long way to go.

 

[Shehr Abbasi]

once Toyota comes out with their first fully electric car then Tesla will go down to $35, RAV4 Prime was just a sample of that 5000 were built and gone in 2 weeks.

Nope. Tesla already has 80% of EV market share in America. Toyota is toast. They are years behind.

if you don't believe that then you wouldn't have bought their shares.

Speak to me @ December, 31 2021.

I've said it before, while Tesla is a very valuable company with a promising future, it is current value is far too inflated. It is not worth what is current stock market suggests. It's got a long way to go.

Old news man. Has been said for years. You are just parroting what hedge funds are saying.

 

[xyxmt]

Stocks don't crash mate. Banks crash when there is rare incidents of their mismanagement of their assets pertaining to creditors and depositors therefore they become insolvent.

On the other hand, a stock becomes worthless only when its company files for Chapter 11 Bankruptcy, which is never gonna happen to Tesla. You know nothing about finance lmao.

I admit I am not a finance genius like you but my thinking is that a Company only files for chapter 11 when their stock is crashing, banks don't issue credits because company has nothing to back it up with and hence cannot pay to their creditors and needs a legal protection (mostly done by company insiders to screw the creditors sell off company assets and open a new business with "under new management sign")

p.s. you do not need to show off you financial prowess and insult my lack of knowledge as I had already admitted you are quite knowledgeable in finance (like you said), I just want to keep learning from you.

 

[Beast]

Dump BYD, Xpeng, and NIO. The ultimate Ponzi schemes. They can't even win their local market nevermind being successful on the world market. BYD was a "successful" EV company back in 2009 when Elon Musk was still making cars in garages...now look.

2020 EV sales China
View attachment 711825

So u need to thank CPC right?

 

[WinterFangs]

Tesla stocks will keep on rising, a small drop doesnt mean anything. when bitcoin dropped in 2017 people were going crazy but look at the price, take risks to get profits, I’m gonna be risking 1000 in XRP because I believe it will soar soon, Tesla is a safe investment imo it’s just going to keep rising and it’s potential is huge, losing money on it rn but Ik in a few months or a year it’ll give me a bigger profit while I hold.

 

[Shehr Abbasi]

I admit I am not a finance genius like you but my thinking is that a Company only files for chapter 11 when their stock is crashing, banks don't issue credits because company has nothing to back it up with and hence cannot pay to their creditors and needs a legal protection (mostly done by company insiders to screw the creditors sell off company assets and open a new business with "under new management sign")

p.s. you do not need to show off you financial prowess and insult my lack of knowledge as I had already admitted you are quite knowledgeable in finance (like you said), I just want to keep learning from you.

I am not disciplined in finance, it is just called improv typing. I don't give financial advice. Just my opinion.

A company only has direct access to its capital pertaining to its stocks in the IPO (where they can raise hard cash for their stock)... Which happens only once... After that, the stock's value has nearly no effect how much capital (money in bank, etc.) the company has.

However, they can issue shares but its very hard and requires tons of consent, this is like a last ditch effort (because companies have more assets they can pay up with before shares),,, If their share value is crashed like you said, then Chapter-11 is filed. So you are correct.

 

[Hamartia Antidote]

So u need to thank CPC right?

Yes, we would like to thank the CPC and BYD for dropping the ball and allowing Tesla to be cited in the history books as the company that lead to the rise of mass produced 100% EV's just like Henry Ford did with the combustion engine and the Model T.

Henry Ford posing for the history books with the 1908 Model T. He brought what was once something exclusively for rich people to the masses.

Elon Musk and the Model 3. Making the EV mainstream for the masses in 2017.


In 2008 (100 years after Ford and the Model T) Warren Buffett having no faith in American car companies ever producing a worthwhile EV buys into Chinese BYD believing THEY will be the company which will go down in history as the Ford of EV's. Unfortunately it didn't work out that way. Tesla was just guys in a garage back then.

Warren Buffett to buy a 10 percent stake in Chinese battery maker (Published 2008)

www.nytimes.com

"Warren Buffett, America's best-known investor, announced Monday that he had agreed to buy a 10 percent stake in a Chinese battery manufacturer that plans to sell electric cars in the United States by 2010."

It's 2021 and there's no BYD cars on our roads...meanwhile Tesla has the #1 selling EV in China for the 2020 year.

 

[CIA Mole]

wednesday was hell. was doing ok then suddenly after hours i saw an extra 0 on my loss. It recovered on thursday then came down harder today.

I'm doing like -100k on tesla now XD.

 

[Beast]

Yes, we would like to thank the CPC and BYD for dropping the ball and allowing Tesla to be cited in the history books as the company that lead to the rise of mass produced 100% EV's just like Henry Ford did with the combustion engine and the Model T.

View attachment 711836
Henry Ford posing for the history books with the 1908 Model T. He brought what was once something exclusively for rich people to the masses.



View attachment 711838
Elon Musk and the Model 3. Making the EV mainstream for the masses in 2017.


In 2008 (100 years after Ford and the Model T) Warren Buffett having no faith in American car companies ever producing a worthwhile EV buys into Chinese BYD believing THEY will be the company which will go down in history as the Ford of EV's. Unfortunately it didn't work out that way. Tesla was just guys in a garage back then.

Warren Buffett to buy a 10 percent stake in Chinese battery maker (Published 2008)

www.nytimes.com

"Warren Buffett, America's best-known investor, announced Monday that he had agreed to buy a 10 percent stake in a Chinese battery manufacturer that plans to sell electric cars in the United States by 2010."

It's 2021 and there's no BYD cars on our roads...meanwhile Tesla has the #1 selling EV in China for the 2020 year.

Thanks for playing into CPC hands. Now CPC has Tesla hold in hostage for further trade war bargain chips.. CPC know this and allow it to happened. You think its really becos it popular? In China, everything is state control. I think there is no need to tell you that.

If there is no trade war with US, Tesla growth will never be possible.

 

[Hamartia Antidote]

Thanks for playing into CPC hands. Now CPC has Tesla hold in hostage for further trade war bargain chips.. CPC know this and allow it to happened. You think its really becos it popular? In China, everything is state control. I think there is no need to tell you that.

If there is no trade war with US, Tesla growth will never be possible.

Oh sure well please allow ALL your companies to be dominated by our companies that way you'll have even far far far more leverage. Heck shut them all down and don't even bother with higher education for your people. Keep them all as simple farmers and put us at your mercy. That would be a better strategy. Wow you'd outsmart us for sure

 

[Shehr Abbasi]

Oh sure well please allow ALL your companies to be dominated by our companies that way you'll have even far far far more leverage. Heck shut them all down and don't even bother with higher education for your people. Keep them all as simple farmers and put us at your mercy. That would be a better strategy. Wow you'd outsmart us for sure

Don't forget Serbian-American Nikola Tesla's breakthrough discoveries in the field of engineering.

He was an absolute legend.

 

[ARMalik]

Don't forget Serbian-American Nikola Tesla's breakthrough discoveries in the field of engineering.

View attachment 711847

He was an absolute legend.

And that is why it is a TRAGEDY that His name has been Hijacked to sell cheap cars and batteries by the jackas.s Musk.

For those who do not know, first attempts to make electric vehicles took place in early 1830s. YES YOU HEARD IT RIGHT - 1830's. A first full-sized EV was ready in 1895. There were more attempts by other manufacturers including Ferdinand Porsche. He manufactured an EV called the Lohner Porsche in 1898. He also developed a hybrid electric and combustion engine car in 1900 called the Semper Vivus.

SO IT WAS HENRY FORD AND OTHERS WHO DESTROYED EV'S BY DEVELOPING CEHAP PETROL CAR ON THE BEHEST OF Oil and Gas companies and the US Government who always had plans to link US Dollar to Oil aka Petro-Dollar.