Tesla stock price dropped $25 on Friday it will be interesting to see what happens today.
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The stock price is back to where it was two weeks ago, mainly because it was announced that there will be no profit this quarter, but profits will resume after that.
January is their slowest month, but compared to last year sales are up significantly. These numbers are also only looking at the US. Tesla sent many more cars to China and Europe.
As a company they are doing better than ever.
Where is the need to improve the product when the government subsidizes it? Tuition goes way up with government grants. Innovation is more likely to occur when they’re worried about paying their own electric bill.
Rats! Why didn’t I sell short? Would’ve been easy money.
Followed by a press release announcing the sale of a couple bridges, cheap ;-)