It's poor sales *from last year Q1 compared to 2023 Q1.
We're not even looking at 2024 Q2-4 or 2025 Q1 yet. Telsa might be completely underwater at this point.
Welcome to the discussion of US Politics!
Rules:
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
It's poor sales *from last year Q1 compared to 2023 Q1.
We're not even looking at 2024 Q2-4 or 2025 Q1 yet. Telsa might be completely underwater at this point.
If I had Tesla stock my terms would be that Elon Musk literally has to kiss my bare ass for me not to sell my stock. Then if he does it, I sell anyway!
I almost wish that I had stock to sell
Better option: short it.
I think the important thing to note here is that there are multiple ways to bet against a stock:
A. Buy a "Put" contract at a lower strike price than the current price in the future. At any time between the contract purchase and the expiration date you can exercise it and take your winnings.
B. Short Sell on Margin. Don't do this. Essentially you borrow the stock, sell it right away, then buy it back to return at the lower price.
Maximum loss:
2A: The fee per contract. One "Put Option Contract" is 100 shares * the fee. Say the fee for your strike price is $9. Then you pay $900 for one contract. That is your max loss.
2B: Your margin cap. If you borrowed and sold a share for $245, but it turned around and went up, your loss can be arbitrarily large. Don't margin. It's stupid.
Edit: Short selling big dumb, but shorting is not what this big dumb was explaining, this big dumb wanting to explain betting against stock. Fixed
Saw a yt thing last night that over the past three months Tesla execs have sold over 175k shares too
Join in rest of the world, there is a lot of musk property to trash and destroy!
so this bad use of oxygen psychopath has the nerve to ask his employees, who always exploits, and have a high chance of losing their job soon, to keep the investment on the swasticar so they have double the risk: their salary and their investment.
And all for personal gain.... why I'm not surprised? and why is he still wasting precious oxygen?
It surprises me that people that get stock rewards in their company don't instantly sell them. Yes, you pay more in taxes because of capital gains, but you can avoid that by waiting a year to sell if you really want to.
I work for a tech company that offers ESPPs and gives stocks as bonuses. I sell those instantly and just take the guaranteed profit and turn them into index funds. There is just no way in hell I'm linking my employment AND my stock portfolio to a single company.
COULD I potentially make more by waiting? Sure, but that is not a risk I ever want to take. I'm not gonna be holding my companies stock and have it tank in value AND lose my job at the same time.
Invest in stocks or index funds that are unrelated to your field of work. That's my advice anyway. You should never have all your money sitting in a single companies stock anyway.
It’s been holding at about 245 for a week. Bummer is not going lower.
It's being artificially pumped, according to the WS guys. They know this is going into solvency territory.
After this pathetic shit-show, it's going to drop more.
Yeah, this should scare the shit out of any investor.