It's true that Tesla shares recently declined, but the context is important: during 2022-2024 Tesla shares were trading between $100 and $300 (with high volatility), in October 2024 they were at $200-$250, then after elections they skyrocketed to the all time high of $488 (for no fundamental reason), and since then the stock is falling. It's $263 right now - after the latest declines the stock only returned to the price that's still higher than before the elections, and is higher than the 2022-2024 average (which was already unreasonably high and totally disconnected from earnings). So these declines are nothing, at least not yet.
FWIW there was a fundamental reason for shares to spike after the election: The elected regime was one that is very corrupt and self-serving, and was likely to do everything in its power to make money flow towards the companies it owns.
By now, though, it's seeming more like they're too incompetent to do that. They'll probably still do it, but they'll crash the whole economy at the same time so the money that's flowing to Tesla won't be worth a whole lot. But it was a reasonable prediction at the time.
That's fine if that is the argument (11/5/2024 vs today) vs all the gains since that period lost, I'm not willing to argue the point to death, the brand value destruction will continue. The fundamentals will catch up to the price eventually with enough pressure.
NVDA? Not yet, but certainly CoreWeave based on their IPO outcome [1]. TSLA made me very wealthy from IPO to when I exited, my "crocodile tears" are "Elon is a terrible human attempting to destroy democracy and something should be done about that." If you disagree, we have nothing to discuss, there is nowhere to meet in the middle on that. I have no strong preference how he is disempowered and prevented from using his wealth and power to harm.
"Are you just mad he is a powerful bully?" Yeah my dude, that is the problem. If it is a crime to not like people who hurt others with their power, guilty as charged, unapologetically. Am I supposed to feel bad about that position? I do not.
Tesla (TSLA) Q1 delivery consensus: 377,000 EVs – worst performance in 2 years - https://electrek.co/2025/03/28/tesla-tsla-q1-delivery-consen... - March 28th, 2025
Tesla is banned from Canada EV rebate program, gov freezes suspicous $43 million in rebates - https://electrek.co/2025/03/25/tesla-banned-canada-ev-rebate... - March 25, 2025
Tesla sales fall by 49% in Europe even as the electric vehicle market grows - https://apnews.com/article/tesla-sales-recall-trump-byd-b6f5... - March 25, 2025
Tesla’s fall from grace may have no equal, says JPMorgan: ‘We struggle to think of anything analogous’ [$120 price target] - https://finance.yahoo.com/news/tesla-fall-grace-may-no-18005... - March 13, 2025
Tesla’s stock nosedives — wiping out $700B in gains since Trump’s election victory - https://nypost.com/2025/03/07/business/tesla-stock-drop-eras... - March 7, 2025
Australian Tesla sales plummet as owners rush to distance themselves from Elon Musk - https://www.theguardian.com/technology/2025/mar/06/australia... - March 6th, 2025
https://finance.yahoo.com/quote/TSLA/ (1YR)
Facts you don't like aren't "weasel words."