1. Welcome to Tacoma World!

    You are currently viewing as a guest! To get full-access, you need to register for a FREE account.

    As a registered member, you’ll be able to:
    • Participate in all Tacoma discussion topics
    • Communicate privately with other Tacoma owners from around the world
    • Post your own photos in our Members Gallery
    • Access all special features of the site

Tesla Troubles

Discussion in 'General Automotive' started by Gritto, Mar 4, 2019.

  1. Mar 4, 2019 at 1:14 PM
    #1
    Gritto

    Gritto [OP] Mrs Gritto's First Husband

    Joined:
    Dec 30, 2018
    Member:
    #277415
    Messages:
    5,494
    Gender:
    Male
    Nowhere Else, Pottsylvania
    Vehicle:
    2006 AC AT V6 PreRunner
    Stock. SR5 Package #2.
    Man, Tesla is getting beat up today on Market watch.
    Usually, for any particular subject, you'll get diametrically opposed articles, sometimes on the same day.

    "Model Y news calls demand in question, RBC says"

    https://www.marketwatch.com/story/h...nouncement-is-fodder-for-the-bears-2019-03-04

    "Tesla will shed more than 66% this year, predicts former hedge fund manager".
    Mind you, this guy got crushed trying to short sell Tesla.
    But in the stock market, timing is critical when placing puts or calls.

    https://www.marketwatch.com/story/t...predicts-former-hedge-fund-manager-2019-03-04

    "Why Tesla's closing of stores could be expensive".

    https://www.marketwatch.com/article...es-from-malls-and-other-landlords-51551720839

    "SEC options to rein in Elon Musk include leaning on Tesla and directors, experts say".
    Huh, "experts".

    ttps://www.marketwatch.com/story/sec-options-to-rein-in-musk-include-leaning-on-company-and-directors-experts-say-2019-03-04

    ------------------------


    Anyway, I found it interesting that there were four rather negative articles in one day on Tesla.
    Whether it means much of anything, I dunno.
    What I do know is that investor sentiment sometimes means more for the stock price than so-called "fundamentals".

    You may have heard or read the expression "the market is always right".
    Bullshit. At any given time it's wrong, and often wildly wrong.
    Which is why you get stock price volatility.
    It's only on long term averages that it's right.

    At any rate, it will be bad for Tesla if investor sentiment turns sour.
     

Products Discussed in

To Top