World News

473 readers

508 users here now

Please help and contribute as we vote on rules:
https://quokk.au/post/21590

Other Great Communities:

Rules

Be excellent to each other

founded 10 months ago

MODERATORS

Deceptichum@quokk.au

Grainne@lemmy.dbzer0.com

PhilipTheBucket@quokk.au

153

Tesla's latest decline could be one for the history books, JPMorgan analysts say (www.businessinsider.com)

submitted 4 months ago by slartibartfast@lemm.ee to c/world@quokk.au

13 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] nilo@lemm.ee 13 points 4 months ago (2 children)

I 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@programming.dev 13 points 4 months ago (1 children)

Any 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.

[–] glimse@lemmy.world 1 points 4 months ago

I had to sell all my bitcoin to hire a lawyer when someone tried to commit title fraud on my condo in 2015. Didn't really have a choice but goddamn does it hurt considering I was in debt because of it for the next 5 years

[–] zecg@lemmy.world 5 points 4 months ago (1 children)

knowing full well that it was a bubble. I just believed in their vision.

[–] nilo@lemm.ee 1 points 4 months ago

Yep. That didn’t age well.