- cross-posted to:
- technology
Tesla has lost so much value in such a short period of time that JPMorgan analysts said they couldn’t think of another comparable moment in automotive history.
stoy ( @stoy@lemmy.zip ) 17•2 days agoTesla has been a bubble waiting to burst for a long time now, all I can say is “finally”
nilo ( @nilo@lemm.ee ) English11•2 days agoI remember I bought some Tesla stock back in September 2019 knowing full well that it was a bubble. I just believed in their vision. My friends made fun of me for buying into the hype. I sold the stocks when they doubled in price. Now, even after the recent fall, the stock price is more than 10 times what I bought them…
Zikeji ( @Zikeji@programming.dev ) English10•2 days agoAny gain is a gain. I had to learn this after Bitcoin. Bought a bunch at $100 a pop, sold them later when it hit $250 a pop. This was a day or two before it skyrocketed to ~$1400. Kicked myself then, but came to terms. Now look at them lol.