TSLA after stock split crashed by more than 60%.

    https://i.redd.it/aa38dhbc714d1.png

    Posted by HowAmIHere2000

    31 Comments

    1. ScutumSobiescianum on

      Two very different circumstances, one was on the way down, the other on the way up

    2. Background-Physics69 on

      I’m perfectly happy buying at $100 or less. Loading up capital now lol.

    3. InterPeritura on

      So?

      Reverse example would be $AAPL, or our lord and savior $NVDA itself.

      Stock split itself is very much about psychology in this day and age when you can do fractional shares.

    4. Arkanslaughter on

      Buddy, just look at your name. Everyone is confused how you got here. Comparing Tesla’s fucking pie in the sky musk bullshit to NVDA?

      ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)

    5. Plus_Seesaw2023 on

      OP, you are unfortunately far too rational compared to market makers, hedge funds, and a vast majority of WSB members.

      Know that the market can remain more irrational than you can…

      I agree with your idea… NVDA should be valued at a maximum of $666.
      NVDA generates $60B in revenue for a market cap of $2500B.
      Good grief, what world do we live in…

    6. The split is inconsequential. TSLA is dumping because King Elon never intended to make a real car company but is stuck with one now and has to keep cutting prices to bring in revenue.

    7. Realistic_Olive_6665 on

      Five years ago it was worth more than every car company in the world combined. Once it lost momentum and the hype faded, people moved onto other ideas. I wouldn’t treat it as a long-term investment at this point. Elon has become a PR liability, and the competition is catching up.

    8. That was the second Tesla split by the way, because it kept running after the 1st one, nice try 🤪

    9. Western_Building_880 on

      it crashed cause fondamentals are not there. BYD ruined the party. Cheap money is gone.
      growth will be slower and tougher for Tesla.

    10. Yet all the firms that were short Tesla and lost their asses are not around to short this.

    11. General-Trifle4527 on

      This was after their 2nd split (2022) – which was not really justified by revenue growth. (The stock tripled after their first split in 2020)

    12. Small_Guava_8545 on

      Cheers boys looks like a great time to buy! ![img](emote|t5_2th52|4275)

    13. Professional_Con_007 on

      For a second I thought this meant crashed up 60% until I saw the arrow. 

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