People I predicted this slump of Tesla a year ago. Disappointing sales and failure of its price cutting strategy.
Others mocked and said it was genius to cut prices. They said Tesla would maintain profit margins and double sales.
I was right and you were wrong!
Profit margins were severely impacted and sales are lower year over year !
Sales dropped!
I said this would happen and it did!
This stock is still overvalued considering the declining business prospects and intense competition.
Hybrids are now the HOT item not EVs.
I predicted all this! I also predict Tesla stock is in for a wild rough ride downward as it transitions from a former growth stock to just an ordinary commodity car producer with declining sales and massive layoffs!
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