Submitted by datawazo t3_zl0t0n in dataisbeautiful
SHDrivesOnTrack t1_j03zmfy wrote
Reply to comment by FalseEEngineer in Tesla value as it relates to Twitter's purchase [OC] by datawazo
Blake_56 t1_j04m8np wrote
Its benchmark would be NDX
WiseBeginning t1_j0577z8 wrote
But even the sp500 kind of shows it as exaggerating the market as a whole, all except the last bit there where it really tanks
SHDrivesOnTrack t1_j05di13 wrote
Here you go. Tesla, NDX and SP500
n_s_y t1_j05grp2 wrote
So just following the general market then
Spillz-2011 t1_j05ivod wrote
What do you mean Tesla is down 80% more than the ndx this year.
So in the sense of both down then yes.
Blake_56 t1_j05p837 wrote
You have to take into account Tesla’s Beta
[deleted] t1_j076xxe wrote
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[deleted] t1_j05k82x wrote
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Spillz-2011 t1_j0779jk wrote
That’s clearly false. Since musk took over Twitter Tesla is down like 20% and the market is up
YoungBumi t1_j05ikbp wrote
This reply needs more upvote. Too much reading the tea leaves going around and not enough big picture perspective.
Know_Your_Rites t1_j08g551 wrote
The last couple months are a pretty clear, and pretty dire, deviation from the market.
S&P is down 15% on the year. NDX is down 27%. TSLA is down 50%.
CyberianK t1_j069uwd wrote
It looks like its following market trend for all changes except those in recent weeks.
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