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[quote=Anonymous][quote=Anonymous]"The stock dropping is not about the company fundamentals. It is due to stop losses being hit day after day and margin calls of big funds, which causes more stop losses being hit and more margins calls. Also because near end of year tax loss selling. All the buyers from the entire 2022 bought at $180 to $360. They can’t take any more losses and get out." Tesla is offering $7500 discounts because of reduced demand Tesla is laying off employees because of reduced expectations Tesla faces sudden and formidable competition from the biggest car markers in the world. In Europe VW and Audio already sell more electric cars than Europe. Tesla's market share is dropping double digits year over year. But it doesn't face any fundamental problems? [/quote] Adding that Tesla is also drastically cutting prices. [twitter]https://twitter.com/sawyermerritt/status/1613740973342838784?s=46&t=oM-R6gNJrWPdn5RIyORP7A[/twitter] So much that recent buyers are really pissed off about it. [twitter]https://twitter.com/ft/status/1612449974763020289?s=46&t=oM-R6gNJrWPdn5RIyORP7A[/twitter][/quote]
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