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Ouch!! But at least the Big 3 aren't in any position to compete with Tesla for the foreseeable future.
Now if Tesla could only reign in their CEO eating up the majority of shareholder gains in the past 3 years.
I wouldn't worry about it at all. Pretty much every EV made has a buyer waiting for it. Demand will likely outstrip supply for at least several more years. The antiEV faction will slowly dwindle as more are on the road.
I pick some up at $800 yesterday. Today I got more at $701 just missing out on the 600s. I'll keep dumping money into more shares as long as it keeps dropping. Hopefully I'll be able to thank Xinping for the lockdown and Musk for his Twitter fiasco for my marked profits when the price rebounds...
That's the drawback of having a CEO who is bipolar and autistic. Hopefully he'll start focusing on his strengths and not highlight his social inadequacies for the world to see.
Very unlikely this hostile takeover will succeed. In the unlikely event it does TLSA will drop 20-30%. TLSA is only down 3.6% on the day because the market doesn't think Musk will succeed with taking Twitter private.
Good = informative.
I both trade TSLA on swings and have some TSLA I'm long on. The more information the better on any stock in my book. Sure you can have your head in the sand and get lucky occasionally but I wouldn't count on ignorance being a strength with investing.
Whether 20% is not that many is very subjective. But the Bots targeted bad press effectively to increase stock price. The researchers didn't find Bots on Twitter spreading FUD. Did you make that up or can you reference and article and what social media platform where that was happening?
Now...
There was a good LA Times piece on how 1.4 million Tweets produced by Bots over a decade helped spin things more favorable to negative news for Tesla. 20% of all Tesla tweets were from bots. It correlated with keeping up the price in the face of bad news. For us stockholders be reassured that...
For the next decade your brother would be wise to consider a Diesel engine truck not a Tacoma or EV truck if he is driving any distance.
You aren't towing heavy loads like in the video or I what described as foolish. The trailer and truck in the video was a bit over 8000lb. Most 5th wheels are...
Comparing that to driving down Parleys Canyon (Park City to SLC) which is a 6% Grade that regeneration was horrible. You would expect a marked increase in battery capacity. While Rivian apparently sucks at regeneration, only fools will be using EV trucks to tow 5th wheels/other heavy loads in...