Originally Posted by Vern_in_IL
They just revealed their Tesla Cyber truck and Elon managed to break the "unbreakable" glass during the presentation. Stock was down 4%...
Why would a mishap at a PR launch move the stock? That Chevy "reliability study" commercial didn't affect GM stock If your investing in Tesla, you need to be looking at the product, not speculation, speculation of what? to fail?
Stock tanked?
Stocks go up and down daily, monthly yearly. Its the long term not the "day" Your looking for news to fit the movements of the stock and this stock goes up and down like a see/saw.
Telsa is still higher now then it was at the start of Nov, hardly a "tank"
Furthermore Telsa is a speculation stock, a company that constantly looses money but speculates one day they are going to become profitable.
CLICK
__disclosure, I dont follow the stock so take my comments with a grain of salt, there are much better speculative stocks out there for me personally.
In Jan 2014 the stock was $200 a share, 5.5 years later, June of 2019 the stock was $200 a share. Stock is up 50 to 60% since June of 2019, this is what happens with companies that do not make any money but speculate someday it will and so the see/saw ... the one that really makes the money on this stock are the daytraders.