Also, what's with this site? It only has a single article.
EDIT: Judging from the URL/title, it's some (AI-generated?) thing that reuses the title from https://www.reddit.com/r/technology/comments/1xow42o/tesla_a...
GOOG -2% in 5 days
META -4% in 5 day
INTC -6% in 5 day
NVDA -9% in 5 day
TLSA -10% in 5 days
ASML -9% in 1 day
AVGO -10% in 1 day
MU -17% in 1 day
NVDA -9% in 1 day
SKHY -13% in 1 day
TSMC -10% in 1 day
As much as I think TSLA/SPCX are overvalued there is nothing unique about their drop compared to many other companies in the last day or two. I wouldn't even hazard a guess on whether the floor has fallen out on anything yet, it could just as well be a temporary reaction to the election results and volatility following the uncertainty of that for these types of companies.
Of course one can always pick a set of tickers and day ranges that make it seem like any trend if you filter the view enough.
GOOG -2% (1 day) +1% (5 day)
META -4% (1 day) -2% (5 day)
INTC -10% (1 day) -24% (5 day)
NVDA -9% (1 day) -13% (5 day)
TSLA -11% (1 day) -13% (5 day)
SPCX -9% (1 day) -10% (5 day)Last MONTH (October) BYD sold 500K EVs. The US is propping up Tesla by keeping BYD out. I’ve driven several and they are great cars, much nicer than the aging Tesla line.
That's why the US car market is so 'unique' and American brands struggle in foreign markets.
They then squandered that and are back where they were in the 70s, or worse.
I took screenshots of the prices I have paid because I was so happy with only having to pay $7 to get across my city.
Apple killed their car program years ago. I know because I work there.
>aren’t interested in supporting musk anymore.
That may be your personal political take, but there is no evidence that politics are slowing their growth in a meaningful way. There is still strong interest in Tesla products, products like Starlink are growing at an incredible rate, Starship launches command huge livestream viewership, there's an entire industry of Youtubers which break down and discuss the engineering and logistics of SpaceX rockets.
Musk got a lot of favors and basically his way with the out going power holders, its why he spent so much so the party wouldn't end.
One I was just reading about (while looking for Hinojosa's first plans, cleaning up the education department); was there was a quiet deal being worked on for spaceX to buy a beachfront state park [0] and that she remarked about Texas no longer being for sale.
I wouldnt be surprised if all the investigations into his companies deals happen. The attorney general got ousted for a democrat too who already said there will be a massive overhaul to how the office is used -- no more being maga's private law firm. Lets hope Musk and his companies did everything above board when working the massively corrupt outgoing gang.
[0] https://www.texasmonthly.com/news-politics/boca-chica-spacex...
Starlink is a Tesla product? Both SpaceX and Tesla are counting it as their sale, wow!
Regardless of whether private Tesla owners end up participating in the robotaxi market it does seem obvious that self driving taxis are going to be huge. Waymo and Cybercabs are growing quickly and will almost certainly completely dominate the market. Why would you ride in a Uber with a stinky driver (and pay more) when you could ride in a self driving taxi without a driver for cheaper?
I think Elon Musk says a lot of things.
I'm not speaking for the parent, but clearly it's easy to lament Musk's overtness without implying that everybody is doing it to a similar degree.
This imbecile should have stayed out of politics. There is no coming back from what he did.