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Fri Aug 5, 2022, 04:14 PM

Tesla is getting smacked today, and I don't know why.

https://finance.yahoo.com/quote/TSLA?p=TSLA

They had their meeting yesterday. Maybe it's a case of "sell on good news." Beats me.

I don't own any, other than through an index fund.

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Reply Tesla is getting smacked today, and I don't know why. (Original post)
mahatmakanejeeves Aug 5 OP
ZenDem Aug 5 #1
bucolic_frolic Aug 5 #2
ZenDem Aug 5 #3

Response to mahatmakanejeeves (Original post)

Fri Aug 5, 2022, 05:49 PM

1. Likely two factors...

Twitter overhang and announcement of a 3 for 1 split.
Split is happening 8/25 (?).

It'll recover. I don't know enough to say when. I don't own any...yet...but will after the split. I do own Rivian and Lucid. Still have fatally optimistic hopes for Lucid and genuine confidence in Rivian.

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Response to ZenDem (Reply #1)

Fri Aug 5, 2022, 05:57 PM

2. What, no MULN?

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Response to bucolic_frolic (Reply #2)

Fri Aug 5, 2022, 06:09 PM

3. Uhhhhh...

...nope.

There are a lot of EV startups and more on the way. I'm not really a gambler. I took a gamble on Lucid that isn't working out well. That's the end of my "startup" experiment.

I wish them all lots of luck, though. It'll be interesting to see who is still around in 10 years.

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