Tesla’s value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.
maybe they should focus on making a decent product
Well Musk is spending most of his time breaking Xitter lately so maybe the Tesla guys can get some good stuff done while he’s distracted.
Probably not. Tesla is very dysfunctional as an org. He flattened it so much, and hasn’t appointed a real leader, while he’s distracted I bet they’re basically in a holding pattern.
He motivated them by setting insane goals then driving them insanely hard and sleeping in the office and shit.
If he’s not doing that, the company is, pardon the pun, on autopilot. Watch out for stopped emergency vehicles.
he’s been at it for a while, and Tesla hasn’t improved any, so don’t know…
It takes a long time for changes to trickle through the system.
But yeah, it’s probably not going to happen.
The products are decent. Just that there are a lot more competitions that make much better cars.
I wouldn’t call a $40,000 car whose panels fly off on the highway, decent
What if that car can drive you straight into a wall with the power of AI?
I’m sold
Teslas are the most recalled vehicles on the market.
over the course of 30 years*. people rarely keep cars for that long, let alone an EV. by year 10 most EVs will be clapped as fuck you might just have to sell it for scrap metal
fact is Teslas still represent good value if you’re just after a base Model Y and 3. they’re are OK, average, decent.
fit and finish is far from German counterparts but if you don’t care, and don’t want a Chinese EV either you’re left with Tesla.
Well, I’d say the value of the Tesla isn’t the car at all, it’s in being the first to popularize Evs, the brand they’ve built, and in the recharging network they’ve built.
As far as the cars go theres just too many reported problems. Take the above things away and you’re left with just an ok car. Why would you invest all that money in something that’s just ok, especially when you can go to the nearest competitor who not only has way more money and experience in the industry but can produce a cheaper more reliable product. Not to mention the fact that they have the dealerships across the country to handle their vehicles and perform maintenance.
Where tesla shined really was in how the brand became associated with success and quality, and in how large a recharging network they built. Nobody else has come close to achieving either. With musk acting like a dumbass they’ve lost the it factor. Should have been obvious with the cyber truck. Elon basically acted out that episode of the simpsons where homer bankrupts his brothers car company by designing a hilariously bad car. They do still have the charging network, and I think that value cannot be understated, but in 10 years ev charging will become ubiquitous and that won’t matter.
Tesla was at its peak when musk mostly shut the fuck up and pretended to be the ambitious billionaire genius focused on the betterment of humanity.
Now it’s clear that space Karen was little more than a guy who got extremely lucky in the early dot com days and amassed an insane fortune. Strip elon of his wealth and ask him to do it again and he would never be able to.
It’s sad too, I wanted to get a Tesla but now there’s just no way. Not when Space Karen can just auto install some update that requires I pay a subscription to use the ac. Fuck that shit, too unreliable.
depending on where you live, here in Australia some states have very strong tax incentive. So strong to the point whereby even an Accord or Sonata is priced similarly. For those that do not care about all these dramas or the technicalities of ownership the Model Y and 3 are both really good cars.
i personally wouldn’t get one tho, if i had spend so much money i’ll probably save a bit more and get a used GR Supra or Civic Type R.
A friend of mine rented a 2023 Tesla recently. He said there was a visible air gap between the trunk lid and the body of the car. That’s decent to you?
lol, do you mean panel gaps? that has more to do with manufacturing process. I’m more referring to the features they provide for the price they’re selling at. They’re decent.
I can assure you, cars can get a lot less decent than Teslas… Korean cars in the early 2000s for example…
So they have decent features, they’re just built like shit. Great selling point.
they have higher than reported number of build failures, such as presence of panel gap but that does not indicate ALL of them come like that.
McLaren and Maseratis spring to mind, and have similar traits. It does not make them shit cars at all.
No one said all of them came like that. Enough of them come like that that it is a widely-reported issue. They’re built like shit.
I’ve checked them out in the showroom, the fit and finish when they’re not built like shit is actually alright.
I personally have never ever noticed Teslas which YUUUUUGE panel gaps either. And they are popular where I live.
They are decent cars still like I said. Talking about the base model. You cannot possibly find a better EV or RWD car at that budget where I live.
Even a base C200 or 320i cost a lot more than the base model 3. Like 25-40% as much. If that is not decent I don’t know what is.
And FYI I drive a Toyota myself, it’s handmade in a special factory and the fit and finish is absolutely horrible.
But somehow within the Toyota and the greater car community people always give it a pass because it’s a ToyOTa
Such a remarkably overvalued company. I’d be surprised if it’s still around in a few decades. Feels like they’re the MySpace of today - they’re big and have first mover advantage but have nothing interesting down the line and newer companies will and are supplanting it.
I don’t disagree with those statements but I’d wait to see what they put out from the Mexican factory considering the labor cost advantage and manufacturing experience they’ve gained. Beyond that I agree that Korean and Chinese EVs seem more put together and well see if we get more when the us subsidies end.
I’m sure they’ll be around, but I don’t get how their market cap was more than every other car company combined.
Did people think they made something other than cars, because even if they were the only car company making sales they still wouldn’t be worth that price.
Elon’s business model was not to be in the car business long term but the your-car-is-also-a-taxi business and reaping the profits of not just selling cars but ride-sharing too. Triple dipping if you count the supercharger stations, basically collecting a fee every time you use your car. I can see the bull run when things are framed from the perspective of magical Christmasland, but there’s a slightly larger than zero but still basically zero percent chance that FSD on Teslas will ever work autonomously and their cars are getting smoked domestically because they have competition now where they didn’t before.
Nothing interesting? They’ve got the Cybertruck!
Not good. But interesting.
People have been saying this for years now. This site is something else. Top posts related to climate change while at the same time bashing Tesla, the number one producer of EVs and arguably the reason why all automakers are now making the transition to clean energy. All of this because the CEO is a fucking horrible person. Guess what? Almost every product you have in your home or have ever used came from a company that had a terrible human being as their CEO. Tesla’s sales have been growing each year. They’re building a new plant in Mexico. A few decades? So, 30 years from now? Wow, what a ballsy prediction. /s You could, literally, insert any company’s name in there. If climate change goes as predicted, Tesla being around will be the least of everyone’s worries.
They’re building a new plant in Mexico.
That’s what will really take the comparative stock price of actual automakers into the stratosphere with Tesla you guys, a fucking factory in Mexico. How could Ford or Hyundai match having a factory in Mexico?!
Lol, the last Ford I bought (shit car btw) was built in Mexico. Tell me again why Tesla has 20x the market cap of Ford because it surely ain’t factories in Mexico.
Also, let’s not have the government bail musk out this time. Sick of subsidizing this nazi cunts bullshit shit box car brand.
Oh you can bet he is gonna get ur tax dollars .
Jeez I can understand not liking a billionaire and their product, but are you okay?
I saw no false statements here.
Why do you ask that? Whenever Musk gets mentioned (or any billionaire for that matter) similar words immediately spring to mind. Most people I know also feel this way too. Are YOU ok for not feeling this way?
I guess I’m just out of the loop. The most I know about musk is his ridiculous Twitter changes, naming his child aex12 or some crap like that, and shady EV range stuff. Can definitely see why people are saying he’s scum, but why is he being called a Nazi?
His indifference to the apartheid ontop of bragging about the family’s emerald mine (which hints at his emotional detachment from issues like genocide), reopening a Tesla factory in violation of health orders directly attributed to 450 covid cases, and his penchant for terminating people over opinions. Between the way he almost advocates for business priorities over basic human rights and his blatant fascism, some of his behaviors align with the hubris and fanaticism the Nazi party was known for. Cracking down on dissent, attempting to direct the flow of information, it’s almost as if we see how a modern Joseph Goebbels acts if he inherited the wealth of an apartheid emerald mine and pushed his own radical agendas with no regard for human life.
While Elon may not be as extreme as some of the worst people of the Nazi party, as in he didn’t throw millions of people in gas chambers, he seems to behave in a way that indicates he would do so without flinching or questioning it, if it continued to make a shit ton of money.
I usually think a lot of comments on here are over the top, but this one wasn’t that bad. Big companies get subsidies way too often.
Spotted the bootlicker
Good, the MAGA car company should lose value.
The market is finally correcting itself.
This must be the go woke go broke I hear so much about.
Laughs in the biggest, most profitable media empire in the universe
this is a dumb comment. most maga dicks would never drive an EV they’re too busy rolling coal. yes the spokesperson for Tesla is a piece of human garbage, but the company is more than him. Tesla has been hugely responsible for the much needed transition to EVs. So hate musk, but i think hating Tesla is a mistake.
I can hate tesla too you know. The car is terrible quality. Just because it is an EV doesn’t excuse it from being shitty
the build quality or lack of is irrelevant to your maga statement. Of course you’re entitled to dislike the car, or its shape or anything about it really. However it doesn’t change my initial comment, that Tesla has done an undeniably great job putting a rocket up the other car makers regarding the transition that is long overdue, And that Maga fuckwits generally won’t drive them.
It’s good quality until it breaks down.
True of… all things?
not really, plenty of things are shit quality even before they break down.
A lot of the problem with Tesla is Musk though, especially when it comes to the whole FSD and Autopilot thing. Tesla is spreading misleading data and releasing software to the public that they really shouldn’t be, and it’s Musk that is pushing for that to happen.
True, musk sucks. like I said. the downvotes are hilarious. guess a lot of the maga trolls followed here from reddit too. the more popular it gets the worse it will become I expect.
I agree that Tesla has done a lot to push us towards a more sustainable future with cars, and unfortunately I have to give Musk some credit for that also. The thing is, I don’t think you can separate Musk and Tesla like you are trying to.
Without Musk there really isn’t a Tesla. Even now they are very tied to him and his way of thinking. Nobody but Musk would ask someone to design the Cyber truck, and nobody but Musk would even call it that, or name the other vehicles so they spell S3XY, or release beta driver assist /self driving software to the public.
I think you can separate them, my comment was responding to the moron calling it the maga car, which is a stupid thing to say. I live in hope musk will eventually be pushed out. he’s quite an awful human.
Engineers used to put easter eggs in all sort of things they develop. From references in naming schemes to hidden comments in code. All of it wasn’t obvious to anyone not in the know. They are nerds living their nerd dreams.
The problem is that it is Elmo’s entire MO to put memes in everything he tells other people to create. He wants to be seen as the memelord. And all of them need to be as obvious as possible so everyone recognizes them, or it would lose its point.
sounds like someone wasted 70k on the MAGA car.
lolz, no. but I feel my comment is still valid.
much needed transition to EVs
You mean for the car industry?
yes
This is a very reasonable comment, and yet it’s downvoted heavily.
What Tesla achieved is good, and will have a place in the history of EVs. Musk being a fucking idiot doesn’t change that, it just makes it more obvious that none of the success is due to him he just happens to own the company.
Teslas are boring. There are only 4 of them and they all look the same. (And the cybertruck is an abomination, sorry if you’re going to buy one; good luck surviving all the steel balls people will be throwing at you)
Nobody is going to buy a cyber truck because they will never be mass produced
Or legal to sell in many US states of Europe.
Saving your comment so I can get a good laugh when it is released.
What a stupid take, but par for the r/technology course.
EDIT: The steel ball thing was terrible optics, granted, but that was also, like, the 5th time that ball was thrown at the window. Bullet-proof glass still spiderwebs when hit. Get over it.
No, they dropped steel balls onto separate glass pulled to the side, which didn’t break, then they decided to hurl steel balls at the prototype they had on stage. It broke the glass, twice. It’s on video, y’know?
but par doe the r/technology course.
Do you even know where you are?
Yep, r/tech… er… c/technology. Same thing.
Beep boop
Don’t worry Tesla owners, this guy’s better than you and all along knew that he should be buying hummers.
This smugness from basement dwellers is flat out embarassing.
“If you don’t spend tens of thousands of dollars on a luxury car, you’re a smug basement dweller.”
Don’t own a Tesla, probably never will, just recognize the cringey basement dweller behaviour of everyone in here gleefully pretending like Tesla’s are any different just cause they don’t like the owner now. It’s a bunch of hater energy losers dunking on an easy target that’s uncool now. Congrats guys, you did it, you felt superior to others today.
You’re 100% right but don’t expect r/technology to accept it.
Swing and a miss, sparky. I’ve been driving electric for the last 7 years but have no interest in Tesla for a wide variety of reasons.
Also I literally told you why I don’t like them — there are only 4 of them and they all look the same; do you think maybe the fact that they’ve become so ubiquitous over the last few years and so samey could contribute to changed perceptions of them? What’s new in 2017 is old in 2023.
Just try and be a better person/contributor around here. Smarten up.
Do you see yourself in this video, or do you lack that level of introspection?
Here is an alternative Piped link(s): https://piped.video/watch?v=VpTBQEOb09Y
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source, check me out at GitHub.
there are only 4 of them and they all look the same
Oh noooooo. Thanks for that single issue that’s entirely subjective.
Meanwhile; they provide the best performance for the price, putting exotics 0-60 to shame. Have the best charging infrastructure. Get great range despite the recent hit pieces. And, for some subjective IMO oodness, are super fucking cool. I love the infotainmentcontrolwhatever way they handle things.
But no, they’re just copy/paste pieces of shit. All hail anybody but Elon!
deleted by creator
the amount of defects
Please list them, and don’t bother with panel gaps that are either fixed for free on the spot or not long after.
When you pay $45k and up on a product, it should not have a single defect.
Somebody better tell this to Rivian and Polstar or, shit, any. other. manufacturer.
nowhere near the listed range in their advertisements. so bad they are facing a lawsuit over it
Get back to me when that lawsuit is resolved. I will say, I’m supposed to get 333 miles from my Model 3 LR and it’s closer to 280. There is reserve battery past 0% but we shouldn’t count that.
They also have issues locking drivers in the vehicle when the battery dies
Yes we all saw the article posted here a couple days ago. Curious, did you see the posts about how there are manual releases easily found and if you can’t find them you’re kiiiiiiiind of an idiot?
They’re cool the first time you drive one sure
Sorry, still cool 2 years later
have caused several life ending accidents involving their self driving software
Another sign you’ve bought into the bullshit. Manual controls override all AP/FSD activity and the drivers were at fault of every single crash. Find me a single instance where the driver was found to interrupt the system and it ignored them.
So keep on sucking his dick
You’re just admitting that you’re doing the polar opposite of sucking Elon’s dick. You’ve proved you’ve bought every single hit piece that came out. Congrats. I’m going to continue enjoying my marvel of engineering.
People really don’t even understand the whole range thing.
All those multitude of real world tests out there that show a Tesla doesn’t get the advertised range aren’t doing the tests as the EPA tests are defined.
Yes, a Tesla doesn’t get the advertised range when you go out of the test specs, shocking.
The EPA says this is how we’re going to test the car. They even say, you can test it doing a partial test suite, or a full test suite. Tesla does the full test suite, while many others don’t. This costs Tesla more money, but does seems to work out to their advantage.
I don’t doubt that Tesla then went, okay lets design the car (set the gear) to get a good range on the test the EPA is going to use so we can advertise a good number. The EPA set the rules.
I can’t recall if it was the EPA or some other testing agency, but Tesla once even rejected their initial rating saying you did the test wrong and made them re-do the test (a door was left ajar or something), and the retest came out to the number Tesla was expecting and wanted to advertise. As per the other article something also went wrong once and the EPA made them lower it by 3%. So problems can go both ways, and both were fixed.
Aside from Porsche who have a multi gear system in their power train, everyone else has to deal with the problem of a single gear not having the same efficiency across all speeds.
There’s only a few other models out there besides Porsche (who’s different) that meet their claims at 70mph+ tests, which means they did one of two things. They either lowered their EPA approved number and advertise a smaller range than they are
capableallowed, or they’re going to be less efficient elsewhere, but do good at high speeds.If you want to perform better at high speeds (70mph+) , you’re going to perform worse somewhere else in a single gear system, but I imagine most people care about the high speeds, and people don’t seem to care about real world 25-35mph tests where cars go well past their advertised range. I don’t really blame them for this, it’s what people care about.
We really need to get the EPA to change their tests and make everyone do the same test, make the test better reflect real world driving scenarios, and probably make them advertise city/highway/high speed eMPG instead of just the single number.
They’re fine cars, they need a refresh is all. You’re reading way too much into this. They’re not copy-paste, they’re ubiquitous and as exciting as a Honda Civic in terms of looks, to me at least. 0-60 time is fun, but so are physical buttons.
All hail anybody but Elon!
You know he’s never going to marry you though, right?
You know he’s never going to marry you though, right?
What? I thought you said this WASN’T r/technology?
The only person bringing up Elon Musk is you. The only person offended (apparently) on behalf of Elon Musk is you. Sort yourself out.
I couldn’t give a fuck about Musk. He could die tomorrow and I’d say “Good for him.” What I think is hilarious is the assumption by you and others in these comments that my drive to correct them stems from some love of the ugy.
Sort yourself out.
Elon Musk financed about $20bn into the Twitter purchase by selling Tesla stock.
despite the 200b drop in tesla, those 20bn probably still would be worth more than the Twitter stocks he owns now.
Twitter is a money pit circling the drain.
I’m pretty sure that dumpster fire is already part way into the drain but just doesn’t know it yet
thoughts and prayers
I SAID THOUGHS… AND… PRAYERSSSSS!!
Amen 🙏
The moment those Chinese EV startups enter the US market, Tesla will be in real trouble if they don’t have their product quality image problem fixed by then.
It’ll be like Detroit’s Big 3 automakers tanking when small fuel efficient Japanese cars landed in the 70s oil crisis.
Assuming those Chinese EV companies don’t have their own quality problems…
Chinese EVs absolutely have quality problems, but they are half the price. Tesla’s are sold at luxury prices with third rate QA.
Chinese quality has gone up in the last 20 or so years since they transitioned from poor to industrial country. You can’t cling to the cheap knockoffs you buy on Aliexpress either.
Yeah China has shown they can make good stuff but their safety ratings are still very below par.
Pretty much. They are teslas sold in the price bracket they belong in
So Tesla’s have quality issues I agree with, Elon is an asshole I also agree with. But not all Tesla’s are a Plaid. They start at $35k, the Y at 40k. They are most assuredly not luxury vehicles and I’m not sure why people keep thinking this.
They start at $35k, the Y at 40k.
That’s a starter price, not a finisher price. (Apologies to IASIP.)
That’s still not luxury in this market. I priced one myself ended up at 48k. That’s not luxury anymore in this market.
But I digress. I’m not a Tesla lover or anything just saying they’re not luxury cars. I don’t even have an EV yet and don’t want a Tesla.
It’s more than I’d pay, which also doesn’t make them luxury prices.
However, until pretty recently they were much more expensive than they currently are which is why there’s a lagging perception of them being luxury.
It certainly isn’t the quality.
There’s already so many BYDs in Australia.
At $20,000 cheaper, it sure makes a lot of people not care about whatever bells and whistles the Tesla has.
Tesla is already in trouble.
Hyundai Ioniq 5/6, Kia Ev6.
VW ID line.
Ford F150 Lightning.
Those are the things that will absolutely decimate Tesla’s market share. Known brands that can actually put together cars without basic issues like Panel gaps and paint issues.
Ones that reject the absolutely dangerous and moronic UX of putting everything onto a big screen instead of having physical buttons.
They’re already in the states. Example: Volvo / Polestar
Big difference there. Volvo may be owned by a Chinese company but they’re made in the US and Europe (except the S90) and are designed by Swedish engineers. That’s like called Jaguars and Land Rovers Indian since they’re owned by Tata.
The cars that GP are referring to are entirely designed and built in China.
china sucks worse then Tesla. Everything they build is cheap crap that falls apart. Last thing I’d ever do is buy some pos from china
I dont get how this is news. Teslas market cap was already higher than all the other car makers combined while only producing a fraction of the vehicles. Everyone knew that this stock wasnt a value stock. Where is the news
ELON BAD
Maybe anecdotal but I bought a Kia EV6 over a Tesla because of Musk and CarPlay support. I know I can’t be the only one that took that into consideration.
There was a time when I wanted a Tesla, before Musk went altright…
I’m surprised this isn’t just because of there being more competitors to Tesla like rivian. Tbh though I dislike cars, I just have to use them sadly.
I love cars, and I know that goes against what I’m supposed to say here.
It’s okay to love cars, people have an issue with the Car being the only viable option in many places.
When I lived in Brno, which is at around 450K population in Czechia, I was going there by car, as in I drove from Slovakia to Brno, parked my car and haven’t used it until I was visiting Slovakia again, I only used it when I went for a big shopping to the hypermarket that was at the outskirts of the city.
Did you ever see James May’s OG Top Gear piece on Honda’s hydrogen car? I think about it a lot. That alternatives to ICE cars is the way to save ICE cars for enthusiasts.
There aren’t. By volume Tesla is still the biggest EV maker by far. The competition is nowhere close to catching up. If they screw up the launch of the Cybertruck, they’ll really be in trouble, though. Also, the valuation is to a large degree based on the promise of full self driving. That seems to be an increasingly distant prospect, though.
Yeah, but the silly Tech Startup kind of market valuation with the associated crazy P/Es (justified by “we will take over the whole industry” kind of justification) that made them more valueable than all US automakers combined (not just the EV auto-segment, everything) is dissapearing.
Their valuation reflecting the size of their market share (in the entire auto-market, not just EVs which are still a minority of sales) and growth direction (growing mainly due to the EV segment growing and don’t seem to be in line to dominate the whole auto-market as EVs take over) means a massive fall from the fantasy “we’ll take over the world” valuations.
Mind you, it’s happenning more generally in the whole Tech segment as the end of free money which was used in leveraged stock investment is wiping out all the investment strategies based on wild and fantastical claims of “future prospects” and on finding greater suckers.
It’s probably not even a fall due any worst numbers or concrete prospects for Tesla: the collapse of the massive stock price premiums (judging by the P/Es in Tech vs those in the wider market) for “future prospects” in the whole of the Tech industry, would definitelly pull Tesla’s stock price down hard because Elon’s main business “strategy” has always been to frame his ventures as Edgy Tech in order to reap such premiums and he definitelly went hard on it with Tesla.
Looking at Tesla as just a car manufacturer ist short sighted. The energy products also have huge growth potential. And whoever cracks FSD first will basically own the world. I used to be confident that that will be Tesla. But now I’m a lot less optimistic for the sector as a whole.
Good luck with Tesla cracking full self driving without LIDAR.
I believed in Tesla’s FSD until they decided to go visual cameras only. Now I’m convinced they squandered their decade-long lead in the market on a technologically inferior strategy.
Hasn’t the F-150 has already preemptively destroyed the Cybertruck? I suppose most people driving pickups don’t actually need a pickup’s functionality. They’re just told they need a pickup so that’s what they buy.
I see more F150 Lightning trucks than I do model 3 cars, and this is in a red state full of people who are scared of electric vehicles.
lol as if that hideous pos truck is going to save them.
There are, plenty of Chinese EV companies. One in particular sells by volume way more cars than Tesla worldwide. It just doesn’t sell to the US yet.
No Chinese EV company sells more BEV globally than Tesla.
To get the advertised numbers that are higher than Tesla it includes plug in hybrids.
Edit: Until Tesla releases their Gen 3 platform, BYD may pass them in 2024 though.
They went to the stock chart, picked the latest peak, and wrote the article of doom. It’s down 20% a year ago, but up 20% for the last 6 months, and up 119% YTD.
Not that Tesla doesn’t have its ills or seems to be stagnating, but picking points in a chart is a feeble argument.
That 119% is based on the lower peak you cherry picked, you just did exactly what you complained the article did.
No… TSLA was at 108.10 on 1/3. TSLA closed today at 236.86.
So from the beginning of the year to today (meaning year to date), the stock price is up by 119%. That’s not an arbitrary measurement. YTD is used all the time.
And so is using the value at the same date last year. Both are really commonly used but display a really different picture.
Cherry picking is not even about if it’s commonly used or not, it’s about using a specific data point to convey the message you want to.
A random time at a one year point isn’t commonly used. You compare starts and finishes of quarters YOY, not a random Tuesday YOY
1 year charts are really common and use the first/last comparison as well as the 52 weeks range.
YTD is a pretty common way to look at stocks and isn’t really cherry picking
Maybe the investors should all vote on kicking Elon out of the company.
It would require 89.5% of outside investors to vote against him.
Only congress has an approval rating of 9.5 or lower.
With how their stock is losing value due to Elon and the reputation he puts on Tesla’s products, that wouldn’t be very hard I would think.
It’s over double what it was at the beginning for the year. How is it losing value?
To put this in perspective, Tesla’s stock price has still more than doubled since the beginning of the year. They’re doing just fine.
The past few weeks have been rough across the market. I suspect the reemergence of COVID has played a factor.
How about since their ATH?
Oh… It’s at a 43% bargain.
52 weeks high? Yep, still a bargain!
Nah, they’re not doing fine.
Anyone who actually follows the market knows it doesn’t follow logic and doesn’t actually represent the health of the company or the economy.
Who would have thought your brand would tank if you go full send on being a absolute douche bag. Almost like there is consequences for you actions… Something these ultra rich assholes never face.
