497
Elon Musk Loses a Billion Dollars Every Time the Tesla Stock Drops by $2.43
(www.ibtimes.co.uk)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 03 Apr 2025
497 points (98.1% liked)
Anticonsumption
317 readers
72 users here now
founded 2 years ago
MODERATORS
It made a slight recovery, but it's significantly lower than it was a year ago. It's gone significantly down since the Tesla protests started. It's not a real company, so at some point it's going to crash anyway.
My graph shows 6 months, and like I said it's slightly higher now than it was in November. It's not "crashing". Also note, this is a factual observation about a stock price, not a defense of Elon Musk or "taking his side" on any subject or in any sense whatsoever.
That graph is YTD, not 12M. It's lower than it was in Jan 2025. But not Nov 2024.
TBH both of these graphs are short term, if this is a very hyped stock it's hard to say what is overvaluation or undervaluation or overcorrection, or how big or prolonged any "overshooting" might be. See where it is this time next year maybe.