Tesla sales crash

[fillyboy]

There is nothing particularly clever about having a punt on a stock that is very high risk.

Tell me about it. TRP & KDR have been my high risk (small) punts. RR is my main holding but still only a few K's worth.

 

[JohnD]

"JPMorgan last week lowered its end-of-year Tesla target price to $120* a share from $135 a share on concerns of rising negative perception towards the brand affecting sales. “The heightened change in sentiment towards the Tesla brand coincides with high profile CEO Elon Musk’s role as a senior adviser to the President,” JPM analysts said in a note."

FT.com



"Elon Musk has told Tesla’s employees that the future is “incredibly bright” and urged them to “hang on” to their shares in the carmaker despite plummeting sales, a series of safety recalls and vandalism spurred by his political activism.

The unusual communication to staff came after Donald Trump’s commerce secretary Howard Lutnick also urged Fox News viewers to “buy Tesla” in a sign of growing alarm as Tesla’s shares have plunged 51 per cent since mid-December."

FT.com




(* Friday's closing price was $249)

 

[gas112]

https://finance.yahoo.com/news/tesla-retail-fans-buy-stock-144151015.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAHXWOM_yg9vumpZ0ZPUN7ZTUSlTCUMh-5gqqEMrYH4zPVZJqlKaQZ4ebLYKdoSKoMv-OPnULv9Prrk4Zh4FxmSzejTIhic2JwpB4xhj7HAhSCzv6vaz39WBBXx60bEgobQ1q_ef-vGgshIJwdXv88yprTxsGEOHZ_PRzS23wpEIP

 

[JohnD]

"Tesla Inc.’s stock is in a freefall. Its sales are plunging around the world. Even its most avid Wall Street bulls are turning cautious."

Says his link.

Tesla sales crashed in Europe, crashed in Canada, slumped in USA.

"JPMorgan last week lowered its end-of-year Tesla target price to $120* a share from $135 a share on concerns of rising negative perception towards the brand affecting sales. “The heightened change in sentiment towards the Tesla brand coincides with high profile CEO Elon Musk’s role as a senior adviser to the President,” JPM analysts said in a note."

We are in agreement.

 

[Odds]

We are in agreement.

I'll just go look out the window to see if the Four Horseman are outside...

 

[gas112]

Says his link.









We are in agreement.

Surge in buying of Tesla shares , at a pace never seen before yep we are in agreement

 

[JohnD]

A surge in selling.

For every seller there is a buyer.

 

[denso13]

Surge in buying of Tesla shares , yep we are in agreement

Trump ordered his MAGA's to buy Tesla. Some thickos are.

 

[gas112]

A surge in selling.

For every seller there is a buyer.

really so if i wanted to buy shares in a company this very minute i would have to wait for someone to sell some for me to buy them ?

 

[gas112]

Cut and pasted from yesterday .
.
Retail investors have been buying Tesla shares for two straight weeks. JP Morgan says they’ve invested more than $8 billion in that time.It’s the biggest buying streak for Tesla stock JP Morgan has ever recorded.

 

[Odds]

I love the fact Fox News is promoting electric vehicles now Musk is a paid up member of the Trump fan club.

 

[denso13]

"Something doesn’t make sense, and I don’t know anything about stock, but JP Morgan just cut the price to $120 last week, and now they are buying 8 billion? Elon is buying that stock."

 

[fillyboy]

Elon is buying that stock.

It would have to have been reported via RNS as 'Director buying'.

 

[motorbiking]

Shorters love to short. Suckers, suck it in.

I might be tempted to buy, though I said I wouldn’t again.

 

[denso13]

It would have to have been reported via RNS as 'Director buying'.

Trumpists don't adhere to silly things like laws...