I'd never trade $Tesla Motors(TSLA)$ . The EV industry is just bad, period. Look at the share price of other EVs compared to TSLA. Why is TSLA trading that high for such low profits baffles me. Yeah, TSLA fans will come bash me with the typical yada yadas about TSLA is not jus an EV company bla bla bla. But sorry, the stats say otherwise. It's just a tough biz at the moment with interest rates being high, peeps not wanting to undertake more unnecessary loans, don't see the need to change cars, don't see the need for EV switch etc.


Not to mention how erratic it's ruler can be with all his empty promises just to artifically inflate stock prices. I cannot fathom this madness & his cult of entourage that would go round bashing others rudely just because of differing opinions. Just 3 mths after Elon hastily ordered the largest round of layoffs in TSLA's history (due to redundancy + overlap of duties), he is now on a hiring spree again! Next thing we know, he is cutting manpower once more.  SpaceX and Twitter suffered similar fates prior. There are many forums and lawsuits dedicated to his madness, oddities and eccentricities.

He is ruthless, treats manpower like diaposable toys and have questionable work ethics and morals 🙄🙄 Not forgeting how childish he is when challenging Zuckerberg. Sorry Musk, no matter how eloquent you are, I'm not sold. I'd glady invest in $Meta Platforms, Inc.(META)$  than TSLA.


@CashCity  @TigerStars  @Daily_Discussion  @MillionaireTiger  

# 💰 Stocks to watch today?(20 Sep)

Modify on 2024-07-24 15:57

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  • CashCity
    ·07-24
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    Well said! Alot of TSLA bagholders love to listen to Musk's empty promises and "AI/Optimus/Cybertruck" but fail to understand basic financial statements.

    Tesla stock was never meant to go up in Q1. I will remain bearish for Tesla until it goes back to its true value of around $120. In the meantime, TSLQ/TSLZ gives me good profits

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    • SPACE ROCKET
      Yeah I guess we're the minority against a crowd of ardent TSLA followers. I bet you had a fair share of sarcasm thrown at you as I did 😬 Congrats on the TSLQ / TSLZ!! I should have bought into it too!! Oh what a pity! 😪
      07-24
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