The company's sales fell for a second year in a row, as Tesla looks to AI and robotics, including a new $2 billion investment in CEO Elon Musk's company xAI.
Poor Lonnie. May he cry himself to sleep on his MyPillow tonight.
I mean it isn’t? It spiked up in September and is flat since and is down like 15% since the beginning of the year. Could it/should it be lower? Perhaps, but it’s not skyrocketing.
If you ignore the election bump in Nov 2024 that had completely reset by Mar 2025, their stock is up 100% in a little over a year. Yes that counts as skyrocketing, considering sales and profit have plummeted over the same time frame.
And yet their stock is skyrocketing, something is not right
I mean it isn’t? It spiked up in September and is flat since and is down like 15% since the beginning of the year. Could it/should it be lower? Perhaps, but it’s not skyrocketing.
If you ignore the election bump in Nov 2024 that had completely reset by Mar 2025, their stock is up 100% in a little over a year. Yes that counts as skyrocketing, considering sales and profit have plummeted over the same time frame.