WOW! From Barron's -Tesla Stock Is Dead Money. AI Day Won’t Change That.

[Jhodgesatmb]

Tesla Stock Is Dead Money. AI Day Won’t Change That.

By
Al Root
Aug. 19, 2021 8:23 am ET


Tesla’s highly anticipated artificial intelligence day might not be enough to snap the stock out of its recent trading range. For that to happen, bullish investors might have to wait until early 2022.
Tesla (ticker: TSLA) stock is down about 1.6% in premarket trading Thursday, which looks to be another tough day for the market. S&P 500 and Dow Jones Industrial Average futures are down 0.8% and 0.9%, respectively. The S&P dropped 1.1% Wednesday.

SOURCE: Barron's


Al Root not a Tesla fan I guess.......LOL

Tell us something we don't know, Al. AI day wasn't intended/expected to have an effect on the stock price and you are a fool to say so. @TruckElectric I am not directing this at you. The only things Wall Street reacts to is the belief that a company will blow away the competition, or not, and they look at sales as a big factor. Now, i am no economist so what I say mostly will/should be ignored, but I think that we can all agree that Wall Street doesn't use knowledge or logic, because Tesla is going to be the company to own stock in. Time to buy some more.

 

[SwampNut]

Budweiser and McDonald's prove that the most popular products are also the worst. That's how it works. Cows are easily led.

 

[HaulingAss]

Budweiser and McDonald's prove that the most popular products are also the worst. That's how it works. Cows are easily led.

The best selling beer globally is Snow. I've never tried it.

Yes, China is a big market as it's not even sold in North America.

 

[SwampNut]

Budweiser goes great with Walmart hot dogs, and Snow goes best with medium rare bat.