$Tesla Motors(TSLA)$ reached around $122 but the very fact that it still continues to drop shows that investors wary of him.

This not the first time Elon Musk has sold off lots of shares to finance operations at Twitter, causing investor sentiment to dive. You must remember that prices of the stocks likewise began to fall as well. Despite this, he continued doing this again. This has led to some investors believing that this may be a calculated move to get the price to rise again and perhaps so he can sell even more. This is quite unfortunate as the the company doing exceedingly well in the current climate.

I have mentioned before that I've learnt that Tesla's share price is too dependent on their CEO and what he does and it overshadows the company's performance. Despite the company's expansion, in US, China and around the world, it is still looked upon as negative. Even the discounts to sell more cars worry investors.

It is a well known saying that reputation is built over years but destroyed in a second. I feel that while Tesla has benefited from good publicity these years over what Elon Musk has done, it has been undone by him. Thus, to get the shares back up, Elon Musk can only do so by stepping down from Twitter and showing that he cares about consumers and investors. But I wonder if they will trust him again.


@TigerStars  @Tiger_chat  @CaptainTiger  @MillionaireTiger  

 

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  • nimbly
    ·2022-12-26
    This stock will fall below $100 soon... and then just trade similar to any other automotive company.
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  • Eric86686
    ·2022-12-25

    如果老马能专心对待特斯拉还是有发展的潜力,目前最大的原因就是大家对老马已经质疑,持有特斯拉的多数人是投资老马而不是投资特斯拉,现在老马的表态一再不经大家信任

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  • frosti
    ·2022-12-26
    Musk has messed up with Twitter. Most good business people make mistakes and he has made some big ones
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  • vippy
    ·2022-12-26
    Q4 earnings will be the beginning of a catastrophe
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  • Weylin
    ·2022-12-25
    stock seems to be good buy now...
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  • vinH
    ·2022-12-27
    👍
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  • Mushroom88
    ·2022-12-27
    K
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  • erickhoosg
    ·2022-12-25
    ok
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  • PeiLing_Val
    ·2022-12-25
    Ok
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  • bb_ray
    ·2022-12-25
    nice
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  • Toshies
    ·2022-12-25
    hot
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  • Mr Vijay
    ·2022-12-25
    👌
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  • yl2021
    ·2022-12-25
    ok
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  • 黑目客
    ·2022-12-25
    ok
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  • Toshies
    ·2022-12-25
    interesting
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  • ONG1977
    ·2022-12-25
    k
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  • TeoJC
    ·2022-12-25
    [OK]
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  • TWJ84
    ·2022-12-25
    thks
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  • Sim1
    ·2022-12-25

    Ok

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