Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: PGR88

I bought 50 shares about 6 weeks ago at $184...today’s share rate is $203. It is in some type of recovery phase.


20 posted on 02/28/2024 9:29:10 AM PST by pepsionice
[ Post Reply | Private Reply | To 5 | View Replies ]


To: pepsionice
I bought 50 shares about 6 weeks ago at $184...today's share rate is $203. It is in some type of recovery phase.

The value of the stock is dependent on whether or not Tesla's sales are going to continue to go up at the rate that they have in the past. If you look at the first graphic in the thread it would appear that the chances of this happening are slim.

Tesla's market share is going down in a segment in which demand is likely to be peaking soon. I am personally not convinced that Electric Vehicles are going to be more than a niche in the market for years to come. I am one of the worst persons to take financial advice from but this does not seem like a positive sign.


26 posted on 02/28/2024 11:31:52 AM PST by fireman15 (Irritating people are the grit from which we fashion our pearl. I provide the grit. You're Welcome.)
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson