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Explain to me why Tesla stock tanked...broken glass? #5274813 11/22/19 05:59 PM
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Vern_in_IL Offline OP
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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?

Last edited by Vern_in_IL; 11/22/19 06:07 PM.
Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274822 11/22/19 06:11 PM
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Warstud Offline
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Investors weren't happy with the new Truck....me either.

Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274823 11/22/19 06:11 PM
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SirTanon Offline
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Because the 'truck' looks like a Delorean had sex with one of the trucks from Mad Max and this was the outcome. Everyone thinks it's stupid or a joke.

My theory? Musk has lost it and is now just thinking "I'm super rich. Time to make the most outlandish and ludicrous thing I can and see if anyone will actually call me out on it"


2013 Nissan Altima SV - 2.5 liter/CVT - 124,000mi
2014 Nissan Altima SL - 2.5 liter/CVT - 68,000mi
2010 Ford Fusion - 274k mi - SOLD
Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274827 11/22/19 06:14 PM
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littlehulkster Online Content
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Because the stock market is rich people playing casino games with the economy and has virtually no connection to reality.


2015 Mazda3 I 2.0
Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274828 11/22/19 06:16 PM
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Saabist Offline
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Tesla is a zombie company that has failed to produce consistent profits and would most likely have long ago folded were it not for its ability to siphon funds from others via the carbon-credit scam. I would certainly not invest in them or buy any of their products.

Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274829 11/22/19 06:17 PM
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Vern_in_IL Offline OP
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Sorry dudes, this Cyber truck is for suburbia America. sorry it does not have "stadium" Ford headlights, no overrated Cummins diesel, and no place for your "rolling coal" stacks..... if that is what investors think, then let them sell and loose on the gains! Tesla is coming around and sure, the beginnings were rocky, but all new startups must learn lessons.

[edit] and the poster below is comparing this to a F-150? Um...no. That is not what Tesla is about! Tesla is NOT competing with gas powered machines. Electric is niche!

Last edited by Vern_in_IL; 11/22/19 06:23 PM.
Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274830 11/22/19 06:18 PM
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UncleDave Offline
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No one cares about the glass -

The truck is too severe and not what the market wanted - its what elon wanted.
The marked wanted a slicker powerful F150 replacement with new tricks - and maybe a range under tow and pull through charging strategy
Not a redesign of the truck concept by a guy thats probably never lived with one, nor an ATV from a guy thats never gone for a ride in the dunes.

This is the problem when you surround yourself with sycophants that refuse to challenge the leader does.

The market cant see this competing with the f150 and view it as a fringe purchase which wont grow the company as hoped.



UD

Last edited by UncleDave; 11/22/19 06:19 PM.

Uncle Dave
Cat 3126/2 MB3500/Titan/RX400H/17 Ridgeline
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Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274832 11/22/19 06:19 PM
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4WD Offline
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Well, lots of them could not pass up on “breaking news” !

Re: Explain to me why Tesla stock tanked...broken glass? [Re: 4WD] #5274834 11/22/19 06:21 PM
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UncleDave Offline
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Originally Posted by 4WD
Well, lots of them could not pass up on “breaking news” !


If the truck were cool the market would have jumped regardless.

He pulled off the sledgehammer routine and blew the glass one


None of this part of the show matters to the street

UD


Uncle Dave
Cat 3126/2 MB3500/Titan/RX400H/17 Ridgeline
700HP V10/ 725HP BBC/ Raptor 700/ KFX450/ YZ250/Onan 8K/ Cat3011C
Re: Explain to me why Tesla stock tanked...broken glass? [Re: UncleDave] #5274847 11/22/19 06:35 PM
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4WD Offline
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Maybe most felt he should take a 16 pounder to the whole pickup, LoL

Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274852 11/22/19 06:39 PM
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Lou_Boyle Offline
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Say you are an investor and have a choice of two companies. One option is Company F which sells $40 billion of cars in a quarter, has the most popular vehicle in N America, makes a profit of $1.5 billion per quarter on said cars, and pays it's investors a 6% dividend. Then there is Company T which sells 1/8 that amount of product, pays no dividend, and has only actually made a profit once or twice in its life. Which one are you going to invest your money in. Actually I think the best answer is none of the above. Cars are no longer a growth industry.


Think carefully about what you are doing, but be decisive. The road of life is paved with flat squirrels who couldn't make a decision.
Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274859 11/22/19 06:48 PM
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JeffKeryk Offline
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Slow day for the market. Investors did not like the initial Cybertruck reaction but this is a blip on the radar.
Recently TSLA has been at the high for the year, as has many Silicon Valley tech stocks.
They are all slightly down.

Tesla is an incredible company and is in a huge growth mode.
All the other car manufacturers are trying to build EVs and are far behind.
Is is normal, even correct for the company to not be profitable at this point.


2018 Tesla Model 3, Medium Range Battery
2018 Lexus RX450h
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Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274879 11/22/19 07:10 PM
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Jethro_Bob Offline
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The homemade Tesla truck in this video seems to actually be useful.

Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274895 11/22/19 07:22 PM
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Audios Offline
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Im convinced hes trolling us all and theres a nicer, sleeker truck coming.


2002 VW Golf TDI-T5 10/30
2007 Mercedes GL320 CDI- M1 0/30 ESP
2005 BMW M3 BMW-Twin Power 10/60
2003 BMW M5-M1 15/50
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Re: Explain to me why Tesla stock tanked...broken glass? [Re: Vern_in_IL] #5274896 11/22/19 07:24 PM
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PandaBear Offline
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Because my daughter's cardboard project looks the same as the cybertruck and people expect the new truck to look like Model 3 instead.


"You keep asking questions PandaBear and you'll end up a vegetarian like my wife" - Camu Mahubah
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