BTFO
WE DID IT BROS
>>17488047
each share only lost $20
>>17488901
That is a fucking lot.
>>17488901
>he doesnt follow stocks
TSLA was at like $380 2 days ago nigger
Don't look at ORLY...
>>17488901
>6% in a day
it's as if investors don't value the company, only the hype that generates more investors to drive up the value. the company is a pump and dump to make a quick buck
all stocks are a pump and dump
welcome to the 21st century
>>17488047
I'm retarded so can somebody tell me if this is a big deal or not?
>>17489353
Over the past 5 days their stock price has dropped 20%. The market cap, or what the market sees the value of the company, has therefore dropped by about 10 billion dollars. Market cap is total shares x share price. Market cap is often used by a company for loans and such.
Is it really a big deal, probably not over time, if I owned tsla, or if I was a high up in the company my biggest concern would be that the interiors are dog shit.
>>17489737
>the interiors are dog shit
Maybe that's why the stock is tanking. Poor QC is catching up with them.
Nice buying the dip
>>17488901
10billion got deleted from the cap.
The model 3 looks like a pile of shit and still isn't out yet. Meanwhile you can buy a Bolt that has the same promises right now.
>>17489918
The stock is tanking because other automakers are muscling in on the "luxury electric car" meme. Volvo has also recently decided to go full electric by 2019 making them a direct competitior. Moreover, Telsa has been up for 14 years now and still have yet to forecast a profit - they wouldn't be running today if not for super inflated stock and goverment subsidies.
>>17488941