How is this piece of shit not dropped to its actual value of around $50/share? It's currently overvalued to the point where it is worth more than every other US car manufacturer combined despite being responsible for less than 3% of car sales. Full self driving is still not here despite promises it would work by 2019, the cybertrucks a piece of shit, the main product is sub-par. What am I missing? I keep shorting it and it somehow manages to keep bouncing back over 400.
>>59598101>How isHow has*
>>59598101Various breeds of seething fag and retard have been saying it's overpriced for like 10 years. Protip: there is no value to any stock it's all speculative like crypto
>>59598101because it's not a car company, it's a (insert trending topic, sector or buzzword) company and now musk is in cahoots with the prez.
I think I'll buy a Prius instead of any Tesla car.
>>59598141>Protip: there is no value to any stock it's all speculative like cryptoUtter bullshit. Crypto is purely speculative, true, but [most] stocks have very real value: that's how those businesses actually get loans, you think a banker would loan anything without collateral? A stockholder gets paid AFTER the creditor, sure, but their share [in most cases] actually does represent a portion of real value.The price you actually PAY for the stock is a different thing, which is why there's the whole value-investing crowd, and why we are currently in an everything bubble.Cryptoholders love to repeat this falseness though, as if it gives legitimacy to bitcoin by saying it's the same thing as something that has no value, but worth more.>>59598101>How is this piece of shit not dropped to its actual value of around $50/share?Agreed that TSLA is extremely overpriced, but it might be better to view it similar to how John Malone's Liberty Communications empire should be viewed: a bunch of different stocks, some absolute shit, that are all being managed via complicated legal agreements by this one guy. I'm not saying they're the same, I'm just trying to point out that it'd be good to take a wider view of Elon Musk's inter-business dealings if you want to dig around.Not calling anyone a genius, and I admit I want to short TSLA so bad, but there might be more than meets the eye here. If you find anything, post please.
>>59598101>actual value of around $50/sharealso how did you get that number? It doesn't look immediately wrong, but I haven't done an analysis yet so I don't have anything.
>>59598101>this nigga is still doing fundamental analysis in 2025
>OP's face when TSLA ultimately goes to $2000
>>59598101Never short a cult token midwit. Just stay away from it
>>59598101This isn't the 80's anymore. Stocks don't need to trade on fundamentals anymore. All it needs is some form of cult following or meme hype. As long as Elon is relevant in some way, shape, or form, TSLA stock won't ever dip below 250.
>>59598378Basically this. It's about building that cult of investors and always keeping them hyped up.
>>59598431>Basically this. It's about building that cult of investors and always keeping them hyped upVery true for now. But it's worth keeping in mind for when those investors get old and/or Musk dies or falls out of favor. Fundamental analysis would give you the price target to consider for when the happens so you can short it with peace of mind when the time comes though. It's also useful to adjust TSLA's "true value" when comparing to other companies too, to be fair.
