Because Tesla is the most overvalued stock, by a long shot.
Just looking at the stock price, they’re worth more than the other three American brands combined. Ford, GM, and RAM sell more half-ton pickups than all of Tesla models. That’s absolutely nuts!
You want to know what a cult looks like? Tesla’s sales are down in every segment and people are protesting outside dealerships every week. They announced their profits are down 71% at their Q1 shareholders meeting. The only reason they had any profits was because of government subsidies.
And their stock has only gone up since that meeting.
So you tell me- why hasn’t Tesla’s stock gone down?
Because Tesla is the most overvalued stock, by a long shot.
Just looking at the stock price, they’re worth more than the other three American brands combined. Ford, GM, and RAM sell more half-ton pickups than all of Tesla models. That’s absolutely nuts!
You want to know what a cult looks like? Tesla’s sales are down in every segment and people are protesting outside dealerships every week. They announced their profits are down 71% at their Q1 shareholders meeting. The only reason they had any profits was because of government subsidies.
And their stock has only gone up since that meeting.
So you tell me- why hasn’t Tesla’s stock gone down?