a4xrbj1
10-25

The high evaluation is a clear sign that Tesla is a meme stock and not connected to any fundamentals (as their revenue declined in Q3 vs Q2, sales is troublesome as Tesla is financing their cars with 0% APR and Cybertruck prices were cut by $20k).

Once you discount so much, customer expect it stays like that or your sales with stop almost completely.

Tesla Shares Jump Another 3%, Extending Yesterday's 22% Gain
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Comments

  • Kohct
    10-25
    Kohct
    lol. meme which valuation near to 1 trillion. the buyer all must be damn rich to move this stock.
    • a4xrbj1: 
      It’s greed and the chance of quick money that is driving this meme stock. But the stock exchange is a close system, if one user makes a win, other will make a loss of equal value and only the banks/trading apps always make a win from commissions and fees!
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