I have lost my confidence in T

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elvinng
2022-12-28

I have lost my confidence in Tesla. Should I sell my tesla shares at big loss or let it continue to plunge and become nothing?

Tesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April

Stock has lost around $720 billion in valuation this yearLatest decline comes amid growing concern a

Tesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April

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SandDust
·2022-12-28
Elon realized he need to do something about it so I guess just hold on. I am planning to enter as it is getting very attractive
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trojan1337
·2022-12-28
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Should I sell my tesla shares at big loss or let it continue to plunge and become nothing?","highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9924359119","repostId":1108272739,"repostType":2,"repost":{"id":"1108272739","pubTimestamp":1672182854,"share":"https://www.laohu8.com/m/news/1108272739?lang=&edition=full","pubTime":"2022-12-28 07:14","market":"us","language":"en","title":"Tesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April","url":"https://stock-news.laohu8.com/highlight/detail?id=1108272739","media":"Bloomberg","summary":"Stock has lost around $720 billion in valuation this yearLatest decline comes amid growing concern a","content":"<html><head></head><body><ul><li>Stock has lost around $720 billion in valuation this year</li><li>Latest decline comes amid growing concern about demand risks</li></ul><p>The tailspin inTesla Inc.shares accelerated Tuesday, marking their longest losing streak since 2018, as a report of a plan to temporarily halt production at its China factory rekindled fears about demand risks.</p><p>Shares of the Elon Musk-led company closed down 11% at $109.10, for the seventh straight decline and its steepest one-day drop since April. The electric-vehicle maker’s market valuation has shrunk to roughly $345 billion, below that of Walmart Inc., JPMorgan Chase &amp; Co. and Nvidia Corp. This latest selloff also cost Tesla its position among the 10-highest valued companies in the S&amp;P 500 Index, a distinction it had held since joining the benchmark in December 2020.</p><p>News ofreduced outputin Shanghai comes on the heels of last week’s report that Tesla wasoffering US consumersa $7,500 discount to take delivery of its two highest-volume models before year-end, combining to intensify concerns that demand is ebbing. For Tesla, whose valuation is pinned on its future growth prospects, these worries reflect a significant risk.</p><p><img src=\"https://static.tigerbbs.com/20b0ea682477692e55b83205ed99dd95\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>“Most of the stock’s weakness this year is due to indicators showing flagging demand globally,” said Craig Irwin, an analyst at Roth Capital Partners. Tesla’s estimatedrevenue growth“is still amazing, but not $385 billion market valuation-type amazing,” he said, referring to the value at the end of last week.</p><p>Analysts on average expect revenue to grow 54% in 2022 and 37% in 2023, data compiled by Bloomberg show.</p><p>The hope that Tesla will be the leading EV company in a future dominated by electric cars drove a spectacular eight-fold rally in the shares in 2020, earning its place in the S&amp;P 500 and at one point making it the fifth-most valuable stock in the gauge.</p><h2>Breakneck Unwind</h2><p>But this year the unwinding has come equally fast. It has lost 69% its value amid Musk’s Twitter takeover and related distractions, investor jitters about growth assets and most recently, worries that high inflation and rising interest rates will dampen consumers’ enthusiasm for EVs.</p><p>“Our sense is the company’s market share has peaked and concerns about its over-reliance on China for profits and the factory shutdown are weighing on the stock,” said Jeffrey Osborne, an analyst at Cowen. Tesla “appears to have burned through its backlog as they are resorting to promotions to move cars and delivery lead times are 1-2 weeks in the majority of the world.”</p><p>Sponsored ContentWhat Makes a Home Sustainable?SamsungMore fromBloombergHyperdriveToyota Hits Record November Output, But Shortages LoomNio CEO Warns of Sales Challenges in First Half on China DemandChinese EV Maker Nio Launches New Models, Upgraded Battery SwapsTesla’s Ugly December and Other Omens for the Auto Industry</p><p>Wall Street analysts started flagging warnings about EV demand earlier this month, with the average 12-month price target for Tesla falling 10% since the end of November. Meanwhile, the average adjusted earnings estimate for 2022 has declined over 4% from just three months ago.</p><p>Tesla has now seen around $720 billion of shareholder value evaporate this year. The collapse is among the biggest contributors to the S&amp;P 500’s decline in 2022, after Amazon.com Inc., Microsoft Corp. and Apple Inc.</p><p>Still, analysts’ overall stance on Tesla remains bullish, with the highest share of buy or equivalent ratings since early 2015.</p><p>“Despite the stock’s performance, Tesla’s innovation curve appears to be accelerating, a stark contrast to other large tech companies whose incremental product updates appear stagnant at best,” Canaccord Genuity analyst George Gianarikas wrote in a note last week. He added that “green shoots” of recovery may appear in 2023.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-28 07:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-27/tesla-s-deepening-rout-obliterates-half-of-meteoric-2020-rally?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock has lost around $720 billion in valuation this yearLatest decline comes amid growing concern about demand risksThe tailspin inTesla Inc.shares accelerated Tuesday, marking their longest losing ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-27/tesla-s-deepening-rout-obliterates-half-of-meteoric-2020-rally?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-27/tesla-s-deepening-rout-obliterates-half-of-meteoric-2020-rally?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108272739","content_text":"Stock has lost around $720 billion in valuation this yearLatest decline comes amid growing concern about demand risksThe tailspin inTesla Inc.shares accelerated Tuesday, marking their longest losing streak since 2018, as a report of a plan to temporarily halt production at its China factory rekindled fears about demand risks.Shares of the Elon Musk-led company closed down 11% at $109.10, for the seventh straight decline and its steepest one-day drop since April. The electric-vehicle maker’s market valuation has shrunk to roughly $345 billion, below that of Walmart Inc., JPMorgan Chase & Co. and Nvidia Corp. This latest selloff also cost Tesla its position among the 10-highest valued companies in the S&P 500 Index, a distinction it had held since joining the benchmark in December 2020.News ofreduced outputin Shanghai comes on the heels of last week’s report that Tesla wasoffering US consumersa $7,500 discount to take delivery of its two highest-volume models before year-end, combining to intensify concerns that demand is ebbing. For Tesla, whose valuation is pinned on its future growth prospects, these worries reflect a significant risk.“Most of the stock’s weakness this year is due to indicators showing flagging demand globally,” said Craig Irwin, an analyst at Roth Capital Partners. Tesla’s estimatedrevenue growth“is still amazing, but not $385 billion market valuation-type amazing,” he said, referring to the value at the end of last week.Analysts on average expect revenue to grow 54% in 2022 and 37% in 2023, data compiled by Bloomberg show.The hope that Tesla will be the leading EV company in a future dominated by electric cars drove a spectacular eight-fold rally in the shares in 2020, earning its place in the S&P 500 and at one point making it the fifth-most valuable stock in the gauge.Breakneck UnwindBut this year the unwinding has come equally fast. It has lost 69% its value amid Musk’s Twitter takeover and related distractions, investor jitters about growth assets and most recently, worries that high inflation and rising interest rates will dampen consumers’ enthusiasm for EVs.“Our sense is the company’s market share has peaked and concerns about its over-reliance on China for profits and the factory shutdown are weighing on the stock,” said Jeffrey Osborne, an analyst at Cowen. Tesla “appears to have burned through its backlog as they are resorting to promotions to move cars and delivery lead times are 1-2 weeks in the majority of the world.”Sponsored ContentWhat Makes a Home Sustainable?SamsungMore fromBloombergHyperdriveToyota Hits Record November Output, But Shortages LoomNio CEO Warns of Sales Challenges in First Half on China DemandChinese EV Maker Nio Launches New Models, Upgraded Battery SwapsTesla’s Ugly December and Other Omens for the Auto IndustryWall Street analysts started flagging warnings about EV demand earlier this month, with the average 12-month price target for Tesla falling 10% since the end of November. Meanwhile, the average adjusted earnings estimate for 2022 has declined over 4% from just three months ago.Tesla has now seen around $720 billion of shareholder value evaporate this year. The collapse is among the biggest contributors to the S&P 500’s decline in 2022, after Amazon.com Inc., Microsoft Corp. and Apple Inc.Still, analysts’ overall stance on Tesla remains bullish, with the highest share of buy or equivalent ratings since early 2015.“Despite the stock’s performance, Tesla’s innovation curve appears to be accelerating, a stark contrast to other large tech companies whose incremental product updates appear stagnant at best,” Canaccord Genuity analyst George Gianarikas wrote in a note last week. 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I am planning to enter as it is getting very attractive","text":"Elon realized he need to do something about it so I guess just hold on. I am planning to enter as it is getting very attractive","html":"Elon realized he need to do something about it so I guess just hold on. I am planning to enter as it is getting very attractive","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105362763,"commentId":"105362763","gmtCreate":1672187733480,"gmtModify":1672187746110,"authorId":3574916293171379,"author":{"id":3574916293171379,"idStr":"3574916293171379","authorId":3574916293171379,"name":"trojan1337","avatar":"https://static.tigerbbs.com/943a776c7741ee5cc4d67b3592fbb000","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.16%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9924359119,"objectIdStr":"9924359119","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"k","text":"k","html":"k","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}