Tesla Stock Tanks loses 14 billion

[razgriz19]

Oil is cheap for as long as the economies are at stand still. People aren't going to work or traveling, no one is using that much HENCE WHY the oil prices are low! As soon as the world economies start, oil price will climb back up

Looks like it will crash another $100 once people figure out with cheap oil , they can fill their cars dirt cheap prices

There is abundance of oil

• Mega Oil in Russia
• Mega Oil in Iran
• Mega Oil in Saudi Arabia
• Mega Oil in Iran
• Mega Oil in Central Asia
• Mega Oil in USA

Tesla car line (Model S, Model X, Model 3) ranges in cost from $35,000 – $124,000
Stock Price: $600+

• Fossil Fuel Car easily can be bought for $4,000-$8,000

 

[Hamartia Antidote]

Oil is cheap for as long as the economies are at stand still. People aren't going to work or traveling, no one is using that much HENCE WHY the oil prices are low! As soon as the world economies start, oil price will climb back up

Plus the days of people saying "oh gasoline is only $1.50 gallon..it will never get passed $3" are all over. Nobody is falling for that again. They know it can be well over that in a snap.

 

[Hamartia Antidote]

who will buy these cars when you cannot travel on them due to pandemic

The US didn't completely shutdown like Wuhan's deserted streets. There are still plenty of cars on the road.

 

[AZADPAKISTAN2009]

I will buy if stock becomes close to $8-$9 dollars

 

[Hamartia Antidote]

I will buy if stock becomes close to $8-$9 dollars

load up on Nio if you like scams

'
https://en.wikipedia.org/wiki/Penny_stock

According to the U.S. Securities and Exchange Commission (SEC) the term "penny stock" generally refers to a security issued by a very small company that trades at less than $5 per share

Prosecutors and the Federal Bureau of Investigation say that fraud is widespread in the penny stock market. Even though the penny stock companies are small, the scams that involve them can be for tens of millions of dollars

 

[Prince Kassad]

@Prince Kassad
Hope you buy it

Now is time to show support to your Electric car



Oh just remembered

• Canada also produces bucket load of Oil

Tesla hits All time high, Cry!

Mods can you change tittle to Tesla gains $14 billion

 

[Hamartia Antidote]

@Hamartia Antidote

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

View attachment 628989


14 Billion !!! Loss is a big one

I hope you did get suckered into selling.

$164 Billion!!!!!!!!

Closing in on #1 Toyota

 

[AZADPAKISTAN2009]

if it was cheaper I would have bought it but it is very expensive for simple person like me

The world really is not running out of fossil fuel there is plenty for another 1000 years
eventually people will figure it out

This stock is propelled up by big agencies with no real basis or need

USA
CANADA
Russia
Middle East (Saudia , UAE, QATAR , KUWAIT , IRAQ )
IRAN
Venezuela



All have large Oil / Gas sector

 

[Hamartia Antidote]

if it was cheaper I would have bought it but it is very expensive for simple person like me

The world really is not running out of fossil fuel there is plenty for another 1000 years
eventually people will figure it out

This stock is propelled up by big agencies with no real basis or need

There's no shortage of horses in the world to ride. No shortage of oxen to pull plows. No shortage of wood to make a pile on the street to cook your dinner outside.

You can happily stick with those non-shortages while the developed world pulls further and further away.

 

[AZADPAKISTAN2009]

Tesla is a artificially hyped Stock no real basis for it to be this high

Logically , if you think Supply and Demand ......

World has too much oil ..... much that it will last for 1,000+ years , which can be made available much cheaper price



There is just no demand for Tesla realistically in 97% of world


The Hipsters who drive Mini Cooper can may be jump around Tesla but they are like 2-3 %

 

[Prince Kassad]

Tesla is a artificially hyped Stock no real basis for it to be this high

Logically , if you think Supply and Demand ......

World has too much oil ..... much that it will last for 1,000+ years , which can be made available much cheaper price

There is just no demand for Tesla realistically in 97% of world

 

[AZADPAKISTAN2009]

Just a fad ...

• Oil and Gas is here for stay for 1,000 more years

 

[Prince Kassad]

Just a fad ...

BEATING HONDA IS HUGE! Honda maintained domination for decades!

 

[AZADPAKISTAN2009]

Tesla lovers = Hipsters

Practical people drive ....Fossil Fuel - Manly Fossil Fuel Ride

 

[Prince Kassad]

• Oil and Gas is here for stay for 1,000 more years

I agree, In pakistan oil and has should stay on 1000 years, even in cpec they invested in coal powerplants while whole world is going green,