LOL. Don't let reality get in the way of your projections. This fall in stock price is not about plummeting car sales, or customers at all. Tesla will break a new sales record this quarter again.RWWilson said:It just goes to prove that ideology trumps everything for the left. "Yes I want to buy a car to save the environment because I care. Also, screw the environment if the car company is owned by someone who doesn't recognize my pronouns".AggieCo2023 said:Tesla stock is now down 52% since Elon Musk offered to buy Twitter in April, losing over half a trillion dollars in market valuation.
— 🦀 Jon Schwarz 🦀 (@schwarz) December 14, 2022
In just the six and a half weeks since Musk took over Twitter on October 28, Tesla stock is down 31%, losing $225 billion in value. pic.twitter.com/W1ukdbpkte
Whatever one may think of Elon and his new conservative politics, it is an extremely questionable move to become a public spokesperson for right wing ideology while running an electric car and solar panel company. Liberals were probably 75% of his customers (at least) and he has completed lost them. I predict Tesla stock price will continue to plummet as Elon is clearly distracted and prioritizing Twitter.
It's about investor sentiment taking a hit because of Elon's Twitter distraction, and his politics pissing off 50%+ of the country.
Elon needs to take a page out of Michael Jordan's book...
"Republicans buy sneakers, too." -MJ