actias_selene
actias_selene t1_j1zd2k4 wrote
Reply to comment by EggProfessional995 in The best part in movies is when the actor casually walks away from something they just blew up by Technical_Staff6949
The reason why Tesla was valued very high compared to rest of the car industry was mostly due to all the debt burden other companies were carrying and Tesla was improving their margins and sales enormously.
It goes down now because it no longer seems like they can keep growing at the pace expected previously. Mostly, thanks to Tesla CEO portrait an image of a kid who doesn't know what he wants to do as well as alienating its customer base.
Now the spell seems to be lifted, people are talking more about reliability and issues of their cars more openly.
In any case, I think q4 2022 and q1 2023 reports will be very decisive for the future of the stock. It also matters if we will see any change in leadership of Tesla.
actias_selene t1_iufcbv1 wrote
Good luck fighting against inflation when there are still negative interest rates, very low unemployment and basically no nonprofitable companies went bankrupt.
actias_selene t1_j25wpvu wrote
Reply to comment by puddlejumpers in Accurate holiday season by FriendLost9587
Same, I kind of hate the end of the week and December because the work is always of the roof. Still happy some enjoy it though.