Reply to Is $TSLA a buy here?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow, down another 15% today.  Now down 55% from the all-time high.

Even if you're a hater, at a certain price, this has to be a buy.  This is a Mag 7 company.

Remember in 2022 when Meta dropped 76% to $90/share? It hit $740/share less than a month ago.  Yes, they're different companies and blah, blah, blah, but come on.[/quote]

That drop in Meta was caused by what’s her name leaving the company and selling all her shares.

This is very, very different. The brand is permanently tainted and was never worth even the current price, it’s a meme stock. [/quote]

OP here.  Nice attempt at rewriting history.  Meta’s dramatic fall was caused by its failed foray into the metaverse (remember the entire name of the company was changed for this?).  This was supposedly a last-gasp pivot since Facebook was irrelevant and only used by old people.

Sandberg’s departure only mattered to the extent it was viewed as her jumping out of a sinking ship - Fortune 100 companies don’t drop by 76% just because there’s a change in the COO position, lol.

But the thing is that companies of that size have huge advantages, and Meta was able to bounce back.  Companies that size basically only fail when their products/business model are rendered obsolete by technological changes.  That is not the problem with Tesla—and likely never will be, given that technology and innovation are Elon’s core skills.

[b]No, the problem with Tesla is that a bunch of libs are butthurt[/b] that they have to produce value for the first time in their lives and can no longer collect six-figure paychecks for do-nothing WFH jobs. Sorry, but I don’t see that as a Tesla killer.

This thread has actually convinced me that I am going to take a fairly big position in $TSLA – I’m just deciding on position sizing and timing.[/quote]

Maybe. But that was the customer base.  They have to find new customers or they will fail. Unfortunately conservatives have made hating EVs part of their core identity.  [/quote]

The COO had been with the company almost since its inception and owned a huge amount of the original stock so, between that and the public reaction to her departure, there was an effect—they were also having to testify before Congress at the time.[/quote]

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