It is going up. But why?
From what I’ve heard, the tariffs affecting cars/autos will impact other manufacturers. There are always day traders looking to make a few bucks from a bounce.
Personally, I expect Tesla to crash after the next quarterly report (probably in late April). I’m curious to see how Rivian stock goes, it might stabilize from so many looking for an EV alternative.
Its a stock that’s heavily played by traders, it moves just as much if not more based on the technicals than the fundamentals. Also, look up the wonderful financial term “dead dog bounce”.
You mean dead cat bounce I think?
Oh yeah, lol, thanks!
The same thing it always does…
Bounces around wildly because it’s based on hype not actual value of the company
It’s because Mark Rober said he was still buying a new one after driving his through a wall.
This ^
It seems like a dismissive statement, but Tesla is the embodiment of this era’s “hype” investing. So many players have it leveraged like a big casino game, and the end result is (mostly) that no professional or “slow” investors (like you, or your retirement fund) get screwed over.
I also should have mentioned that any Y axis that doesn’t start at zero is misleading and makes changes look more drastic.
I’m usually on top of that one.
A law requiring y axis start at zero would unironically do a lot to temper our economy. Just because graphs like OP’s would look less scary.
10% is still a wild fluctuation for a company with the market cap of Tesla. In this case, I think its not “that” deceptive, as zero is not usually a reference in this case.
And if Y started at zero the graph would accurately show 10%, which is huge on that timeline.
And people wouldn’t be used to it and would react appropriately.
Although in this case I’d argue even then a month is deceptively short term when they’ve lost 50% this quarter
I don’t agree with this idea that Ys always need to start at zero. If you want to demonstrate volatility there is a good reason to chop the scale. Just be up front about what you’re doing and why you made that choice. It’s only misleading if you chop the scale and misrepresent the result.
Totally agree. This is a legitimate reason to chop the axis. There should be a law requiring schools to put a lot of time in teaching kids to read news and especially graphs.
And just to be clear, the “hype” works more or less the same way when it’s leftie nerds cheering the drops than when it’s cultists cheering the increases.
Which is probably why people weren’t acknowledging that despite the huge drops they were still up year on year.
Nothing special, just bouncing around as all shares in the index does.
I think the March 24 jump was directly caused by stuff Trump said about Tesla and the protesters being terrorists.
The stock market casino, where the value of a company is based on someone making a comment about things unrelated to how the company operates.
But the comments do matter?
The stock market traded on speculation of future value, not current value. If tesla increases profit by $1M , their market cap doesnt increase by $1M. It increases or decreases by the speculative future value.
If protestors are going to be prosecuted, the perceived value of the company increases because theyre will be less negative press.
It also leads to, "what else is the president going to do to help musk’s company? " and that list is endless, and speculation runs wild.
The stock market traded on speculation of future value, not current value.
That’s what makes it a casino, because the future speculation isn’t based on anything tangible, just feelings that can be swayed by a single sentence and you never know what will actually happen. You can play the odds, and there are mostly consistent average changes, but individual stocks/bets are completely random and unpredictable.
Tesla has airways had volitility. It goes up when musk overhype it, it goes down when tesla underdelivers. I had some stock and got off that roller coaster when the truck was unveiled. I stopped believing it was above board at all.
Sick nazi reference in the numbers though.
Sick nazi reference in the numbers though.
I missed it at a glance., thank you for brightening my morning!
$14.88 is an obnoxiously common price for temporary box display items at home depot. Gloves, kneeling pads, drill bit kits. Always gets an eyebrow from me
Is the sales tax in your area 7.5% by any chance?
$16 x (100/107.5)= $14.88
I don’t see any gloves priced at 14.88 on their website at a quick check. I wonder if the store is trying to set a price that tallies to an even dollar amount and doesn’t know the connotation. I only recently learned about those numbers being associated so I would like to believe a benign explanation. Maybe you could ask to talk to a store manager next time you see it an make sure they know to avoid that price point.
Found one item real quick, Husky Foam Kneeling pad. Same price of $14.88 for NYC, LA, Nebraska, and Delaware.
https://www.homedepot.com/p/Husky-Soft-Foam-Kneeling-Pad-90346/315303737
I still dont get what its supposed to mean. I guess its AD HH. I dont think I have to explain the 88, but what does the 14 stands for?
Thanks for The clarification.
My assumption of good faith for it happening once is going for as close to $15 as possible but trying to avoid $14.99 because that is too obvious and just went to the next double number down.
But repeatedly? There is zero chance that nobody has pointed it out.
Stores will often use the cents portion of the price as an identifier for where it is on the markdown schedule. $xx.99 - that’s usually full price, the highest it will ever be. Others would be for things like “first markdown” or “don’t markdown” or “last markdown.”
There’s definitely some cents coding for clearance there. A $100 item will be identified as being removed from inventory when it goes to 1st clearance at 50.06, 2nd clearance at 25.03 or 25.02. There’s a whole game to find those items at the next stage, scrap or return to vendor, when it get pulled form the shelf and set to 0.01. But the order isn’t always perfect and you can get lucky if you find it and don’t get caught
The stock went down when Tesla’s sales numbers for the first quarter of 2025 got out and showed a decrease of sold vehicles, on top of Musk’s shenanigans and the protests at Tesla showrooms. Now these events have been “priced in” and the stock operates on vague estimates and wishful thinking again until the next slew of substantial bad news hits, at the latest when the next quarterly numbers are due.
All that matters is to tank that bitch!
People (or likely AI) purchasing what they think is a dip.
Investors buying cheaper and not caring about all the bad shit around it because they just think about money?
Why is a comically overvalued stock rising again?
Indeed.
Someone needs to be the bag holder. It will tank when the earnings call comes in April unless Trump decides to replace Abrams with the model 3.
Presumably the president saying that it’s going to use the entire federal executive to boost a single failing company’s shortcomings is good for buyer confidence. At this point it should be nationalized for as much money has been handed to that company from our pockets.
TSLA is the original meme stock.
I like the stock.
How’s the GameStop doing?
Fuck if I know. I did make a few hundred off of that stupidity, tho. A few years ago now.
Up about 16% today. During yesterday’s earnings report, the board announced that they approved the buying and selling of cryptocurrencies with their $4.7-billion of cash on hand.
Fraud and a sprinkling of crime.
