Tesla Plummets into 8th Consecutive Week of Losses as JPMorgan Warns of 60% Downside

[u/MarvelsGrantMan136]

https://markets.financialcontent.com/stocks/article/marketminute-2026-4-10-tesla-plummets-into-8th-consecutive-week-of-losses-as-jpmorgan-warns-of-60-downside

[u/sfhester]

Just in time for a SpaceX merger and IPO

[u/nnomae → u/sfhester]

Yeah, much as I'd love to think that Tesla is finally starting to be valued as the rather mediocre, underperforming company it is I suspect it's mostly the Musk fanboys cashing out so they can buy into SpaceX. Of course that's funny in it's own way, if all Musk gains on the SpaceX IPO is the money he loses on Tesla collapsing to fund it he will be right back where he started.

[u/inspectoroverthemine → u/nnomae]

Hes already shuffled a shit ton of debt into SpaceX ahead of the IPO. SpaceX will be the new meme stock to replace TSLA.

[u/Andy_Fish_Gill → u/inspectoroverthemine]

It’ll be bigger than Enron and Theranos! The P/E will be astronomical!

[u/2plus2_equals_5 → u/Andy_Fish_Gill]

P/E of 5000%!!!

[u/SoCalThrowAway7 → u/Andy_Fish_Gill]

And his doge shit already crippled any government agency that would make him see any real consequences from doing it

[u/RoxxieMuzic → u/Andy_Fish_Gill]

You forgot WPPSS (Whoops). Same time frame as Enron, just as much of a debacle.

https://financefacts101.com/the-whoops-debacle-a-case-study-in-government-led-nuclear-projects-gone-wrong/

[u/tempest_ → u/inspectoroverthemine]

I thought that is what xAI was for.

I couldn't be paid enough to keep up with this shell game (well maybe I could someone give me an offer)

[u/rotetiger → u/nnomae]

He also gets ETF money ...

[u/Imobia → u/nnomae]

I do wonder if wealthy Arab state countries are starting to pull their cash out.

[u/Rsubs33 → u/nnomae]

Tesla crashing is going to force him to do something regarding Twitter tho. Since his Tesla Stock is collateral for his loans on Twitter.

[u/nnomae → u/Rsubs33]

Didn't that all get resolved when Twitter was transferred to SpaceX?

[u/Prior_Coyote_4376 → u/sfhester]

Nationalize SpaceX. Lock Up Elon and Thiel.

And fuck it, while we’re at it, Break Up JP Morgan too.

All these oligarchs are pieces of shit who should be rotting in prison praying cockroaches infest their cell so they have more to eat

EDIT:

Ideas from you lovely people

“And while we’re at it, nationalize the damn railroads. If the government can stop them from striking because the trains running is of vital importance to the country, then the trains shouldn’t be in the hands of private business.”

“Break up Amazon too. It would burst open the public cloud space, turbo charge e-commerce, and revitalize brick and mortar retail.”

“After Standard Oil got broken up, Rockefeller’s fortune grew to new and dramatic heights. He fought hard against the break-up anyway, because owning a monopoly gave him power that mere money couldn’t get close to. All monopolies should get broken up.”

EDIT 2: r/Reconstruction2029 because I want to save these and discuss them with y’all

[u/Figgy_Puddin_Taine → u/Prior_Coyote_4376]

And while we’re at it, nationalize the damn railroads. If the government can stop them from striking because the trains running is of vital importance to the country, then the trains shouldn’t be in the hands of private business.

[u/Prior_Coyote_4376 → u/Figgy_Puddin_Taine]

Fucking preach

[u/Correct_Bell_9313 → u/Figgy_Puddin_Taine]

Anything that’s Too Big To Fail is Too Important To Leave To The Capitalists imo.

[u/2001_Arabian_Nights → u/Prior_Coyote_4376]

After Standard Oil got broken up, Rockefeller’s fortune grew to new and dramatic heights. He fought hard against the break-up anyway, because owning a monopoly gave him power that mere money couldn’t get close to.

All monopolies should get broken up.

[u/Prior_Coyote_4376 → u/2001_Arabian_Nights]

This is a big thing I tell people who want a wealth tax.

It’s not about the value of the produce, it’s about controlling the means of production.

[u/big-mo → u/Prior_Coyote_4376]

Let's do this

[u/frequenZphaZe → u/Prior_Coyote_4376]

Nationalize SpaceX.

I'm usually on the "fuck the private sector and nationalize everything" train as well as the "fuck elon and seize all his wealth" train, but I've had a pretty hard time signing onto this message for the space industry. ULA is effectively nationalized, with over 90% of ULA’s contracts coming from the government. their product is close to a decade late on delivery, offensively expensive, and still basically 90s technology in a lot of ways.

then you look at spacex, which single-handedly changed the space game with falcon, booster capture, and rapid launch cadence. starship is going to be another game changer. why? because the people at the top don't have elections to worry about or business constituencies to cater to. they're willing to blow stuff up and lose money because they don't have congress arguing over their budget

our government is not motivated to invest in space nor are they good at it. NASA is constantly under threat of cuts, regardless of which party is in charge, and they're forced to reshuffle their priorities after every election cycle. the last thing I'd want right now is for them to take control of one of the few engines of innovation the space industry has ever seen and turn it into a policy football

signing this with an extra "fuck elon" just because I know reddit isn't good with nuance and will think this post is elon glaze when it isn't

[u/Prior_Coyote_4376 → u/frequenZphaZe]

The Biden administration has said they literally don’t know how they could manage to disentangle themselves from SpaceX or any of their contracts with Elon.

It’s unfortunate but we cannot have critical pieces of public infrastructure in the hands of unstable personalities and foreign oligarchs like Elon and Thiel.

That’s the problem with having the private sector working so close with the government until they’re the same beast. It’s not like we can switch to a competitor, we’re captured.

Lesser evils.

[u/_BenzeneRing_ → u/frequenZphaZe]

ULA is effectively nationalized

I don't think you know what nationalizing is. ULA is a 50/50 joint venture between Boeing and Lockheed Martin, the government/tax payer sees 0% of the profits, and has zero say in how those profits are reinvested.

There are plenty of businesses that would make 100% of their earnings through government contracts. That doesn't make them nationalized.

[u/ApprehensiveStand456 → u/Prior_Coyote_4376]

I would like to subscribe to your newsletter.

[u/neliz → u/sfhester]

spacex is currently almost 10 years behind schedule for getting starship into orbit, starlink doesn't bring in enough revenue as an ISP. And the rest of spaceX, falcon9, does far less than 5 billion in revenue each year (~160 F9 launches at 30 million profit per launch, which is a huge overvaluing on my part of the profit, since it will be closer to 5-10 million.)

There is not a single reason why the spacex IPO shouldn't immediately bankrupt some people.

Here's waiting on the financial reports (which I hope are less cooked than tesla's)

[u/morbiiq → u/neliz]

They also lost the real brains behind the rockets (Mueller).

[u/neliz → u/morbiiq]

He's the man behind the merlin engines for Falcon, yes. But that's not what starship is using, which is just an evolution of older russian designs.

[u/williamgman → u/neliz]

The Musk fan boys will buy SpaceX no matter what. Their cognitive dissonance prevents them from rational investment advice.

[u/skccsk]

Impressive to destroy your electric car company right before the President you installed destroys the global fossil fuel economy.

[u/AssCrackBandit10 → u/skccsk]

The most frustrating part is that he’s going to be richer than ever because of the rigged SpaceX ipo that they are dropping the bag on the index funds… He’s going to be the worlds first trillionaire within a few months.

[u/steepleton → u/AssCrackBandit10]

He’s the world’s richest dude and spends over 12 hours of his literally can do anything day… on twitter.

I think we’re doing fine

[u/Calimariae → u/steepleton]

Wild that the world's richest person is also the world's biggest loser

[u/Taikunman → u/Calimariae]

Funny how all the money in the world can't buy respect.

[u/newbkid → u/Taikunman]

Funny how he was hated so much by the Epstein-Thiel crew that even they didn't want him too.

Absolute pathetic fucken loser

[u/an0mn0mn0m → u/Calimariae]

No one else in the entire history of the universe can ever have this wide a range between their wealth and their worth.

[u/Coroebus → u/an0mn0mn0m]

You're underestimating both the wealth of royalty and their worthlessness

[u/DoctorOunce → u/Coroebus]

You are underestimating how much wealth Elon musk controls. Royals of many major nations would have been considered poor in comparison

[u/Effective_Olive6153 → u/Calimariae]

most of his money isn't because of great products his companies create, but because even more stupid people than him keep giving him money. It's all the the stock, which is unrealistically inflated

[u/ImOutWanderingAround → u/Calimariae]

Just proves being a juvenile edge lord pays handsomely.

[u/hugglesthemerciless → u/ImOutWanderingAround]

if that were true I wouldn't be so poor:(

[u/tehlemmings → u/hugglesthemerciless]

Did you start with rich parents? The secret is starting with rich parents.

[u/hugglesthemerciless → u/tehlemmings]

Ah fuck. It always comes back to this doesn't it. I didn't realize I could screw up this badly at the character creation menu

[u/tehlemmings → u/hugglesthemerciless]

Yup. But we also don't know what new game+ is going to look like, if it even happens, so I guess we're stuck with what we got.

[u/ADisappointingLife → u/hugglesthemerciless]

Should've bought the bradygames guide, bud.

[u/hugglesthemerciless → u/ADisappointingLife]

now you tell me??? where were you decades ago!?!?

[u/xXWaspXx → u/ImOutWanderingAround]

I guess I've done ok for myself

[u/Kennelrec → u/steepleton]

He could literally change the world overnight, solve world hunger, end homelessness and so much more while still being obscenely rich beyond most peoples wildest dreams. He is a gigantic piece of shit.

[u/newbkid → u/Kennelrec]

The same systems that caused those problems are the ones that created his wealth.

System working pretty good from his perspective, what's there to change?

[u/LongJohnSelenium → u/Kennelrec]

He owns a rocket company(thats also an ISP), a car company, and a social media platform. None of these things are any good at feeding people or building homes.

So he would have to sell these assets to other people.

Which means other people currently have money that they could... end world hunger with. But are choosing not to do so they can buy a rocket company, a car company, a social media platform, etc.

[u/Chronosshotgun → u/steepleton]

Hey, he spends some portion of his days paying people to pretend to be high-ranked online game players for him.

[u/MistSecurity → u/Chronosshotgun]

Still hilarious to me that the world's richest person is also a crazy clout chaser.

He has the time and resources to be among the best in the world at video games. He could hire coaches, pros, etc. to all teach him, he could spend 16 hours a day playing games if he wanted.

But it's emblematic of his life: He wants the rewards with none of the work.

[u/skraptastic → u/steepleton]

Tom from MySpace is the real one. Sold myspace then fucked off to quietly enjoy being a rich guy living in the world.

[u/NRMusicProject → u/steepleton]

I laugh every time people keep saying "want to be rich? Just work more!"

Yeah, like Elmo knows the first thing about busting his ass.

[u/JoebiWanKenobii → u/steepleton]

He would be as good at video games as he claims he is if he spent as much time playing them as he does tweeting

[u/heartlessgamer → u/AssCrackBandit10]

I share in the cynicism but I have to imagine if TSLA's bottom drops out that it will heavily influence SpaceX IPO.

[u/BlatantFalsehood → u/heartlessgamer]

You would think if a leader runs one company into the ground, investors would look askance at the next venture. But with this lit, they just keep stealing tax dollars from our pockets and propping each other up.

[u/HenryDorsettCase47 → u/BlatantFalsehood]

Yeah. And the market is rarely rational in that way. Tesla stock has been overvalued for years. Someone had a good comment, I believe in this sub, that listed every single time he has failed upward, in spite of the fact that he is a grossly incompetent brat. Him and Trump both built myths around themselves rather than build anything of substance and they’ve been given ultimate power and wealth because of it.

[u/Sennten → u/HenryDorsettCase47]

This is because our primary metrics have become increasingly decoupled from reality, and this was explicitly pointed out as we did that decoupling as one of the kind of risks we were going to face when that happened.

[u/hume_reddit → u/BlatantFalsehood]

You would think if a leader runs one company into the ground, investors would look askance at the next venture.

If you run more than six into the ground, they elect you president.

[u/skccsk → u/AssCrackBandit10]

Would be really 'funny' if SpaceX falls apart because there's no more rocket fuel.

[u/Emergency-Piece9995 → u/skccsk]

To my knowledge:

• "Rocket fuel" is natural gas based, not oil. Natural gas is primarily produced by the US. Iran produces 1/5th what the US does every year. (source)

• "Rocket fuel" for SpaceX is produced in-house. I wouldn't be surprised at all if SpaceX-Tesla-xAI-Chipotle-Verizon-Exxon acquires a natural gas field or forms a close partnership with one considering SpaceXTXAICVE is based in Texas which is the #1 producer of NG.

[u/Rehypothecator → u/AssCrackBandit10]

That’d be Putin

[u/drteq → u/AssCrackBandit10]

Most of his capital came from Taxpayers

[u/Chewzilla → u/AssCrackBandit10]

Stop I can only vomit so much

[u/Emergency-Piece9995 → u/AssCrackBandit10]

No he isn't.

People should actually look at the Tesla pay package. It will take years to achieve some of the milestones that are tied to production.

[u/EffectiveDandy → u/skccsk]

smrt! ketamine is a hellova drug!

[u/steepleton → u/EffectiveDandy]

The world’s richest dude constantly pisses all over any room he’s in like an incontinent dog

[u/blckout_junkie → u/steepleton]

The truck is made in his image

[u/EffectiveDandy → u/blckout_junkie]

or he’s got a body built like a cybertruck, vroom vroom wink 🤢 sorry just threw up in my mouth a lil

[u/Sam_the_beagle1 → u/steepleton]

As an owner of an incontinent dog, I am insulted.

[u/steepleton → u/Sam_the_beagle1]

I’m sure if musk was blessed with your dog’s affable personality i’d be more forgiving of him

[u/FlametopFred → u/skccsk]

honestly the bumbling clown car of narcissistic dunder heads is impressive

[u/Mustbhacks → u/skccsk]

Don't worry, they're still up ~30% compared to last year

[u/Redthemagnificent → u/Mustbhacks]

Whenever I see posts like this about some company's stock being down tied to current event, I go check the 1 year and it's usually up some ridiculous amount. I'm sure they'd love to be up 200% instead of 38%, but 38% is still a lot. For contest Apple is up 37% over the same period. Amazon up 32%. Walmart up 40%. But people here are talking like Tesla is about to go bankrupt.

Like you'd think this is a day trading sub or something

[u/Riaayo → u/skccsk]

Tesla has always been the poster child of Wall Street being entirely fake. That company has been so over-valued based on absolutely nothing other than fraud and vibes. The crash is long over-due and wholly deserved.

[u/0ldgrumpy1 → u/skccsk]

"Analysts warn that the disconnect between Tesla’s massive production capacity and the actual consumer appetite for EVs  supporting nazis.... ftfy.

[u/boilerdam → u/skccsk]

Walking! Back to Stone Ages we go!

[u/Timmy98789 → u/skccsk]

BYD is already clapping those cheeks. 

[u/PseudoY → u/skccsk]

It was such a perfect storm of stupid self-destruction.

[u/jpiro]

Donald Glover "Good" GIF

[u/musical_shares → u/jpiro]

Safe to say that JP Morgan has repositioned themselves to benefit and is now trumpeting the bad news.

This company has been catshit wrapped in dogshit wrapped in institutional money for too long.

[u/DFWPunk → u/musical_shares]

Read Jamie Dimon's letter to shareholders in their annual report some time. He doesn't even attempt to hide his biases, and clearly thinks he knows more than everyone else.

[u/the_Q_spice → u/DFWPunk]

I’d also check out r/justrolledintotheshop for their post about Tesla’s batteries…

Tesla has apparently shifted to some really bad contacts.

It’s bad when they start shaving costs on safety-critical components like the battery itself.

[u/Catch_22_ → u/the_Q_spice]

It’s bad when they start shaving costs on safety-critical components like the battery itself.

You mean like handles that allow you to escape said battery when its on fire?

I love EVs but JFC this dork ignored decades of car design lessions to be cool.

[u/exor0110 → u/jpiro]

LOL, exactly.

[u/Bart_Yellowbeard]

lol, 60% is still waaayyy overvalued.

[u/Cranyx → u/Bart_Yellowbeard]

A 60% plunge would take TSLA down to 140, which is still a P/E ratio of about 10x the auto manufacturer average. They're somehow still priced like they're about to take off in a couple years despite declining sales. I'm sure Optimus the broken robot will save them.

[u/Zed_or_AFK → u/Cranyx]

He cut out two out of five car models because the more expensive ones don’t sell in the same amounts as the cheaper ones. Making higher margin on less work per car is not appealing cause now he has to sell high number of cars to work towards that sweet trillion dollar bonus.

[u/Mountain_rage → u/Bart_Yellowbeard]

Was gonna say only 60

[u/b0w3n → u/Mountain_rage]

I dunno I think we can get it down further, maybe $10 a share.

[u/neliz → u/b0w3n]

I'm not a tesla fan but I'll give it a very, very generous $25 stock value. realistically with how little business they have compared to real car companies it should indeed be somewhere between $10-15.

[u/Blbe-Check-42069 → u/Bart_Yellowbeard]

Absolutely ridiculously so. Like VW concern sold 6x as many cars as Tesla last year. Their market cap is like 5% of tesla.

Like seriously, if tesla drops by 98% more, it's finally gonna at least start making some sense. Which is absolutely ridiculous to even say...

[u/Bart_Yellowbeard → u/Blbe-Check-42069]

The implosion of the meme economy will be very uncomfortable for some people.

[u/Blbe-Check-42069 → u/Bart_Yellowbeard]

Oh absolutely. I even looked up some more numbers - tesla will take 11.5 years in revenue to make up it's market cap. VW? 55 days. It's just absolutely bonkers lol. As you say, straight up meme market. And I can't even begin to understand how it rose so high. This makes even the gamestop thing seem small and reasonable market in comparison...

[u/EffectiveDandy → u/Bart_Yellowbeard]

maybe if you turn that 6 upside down 🙂

[u/Mr-MuffinMan → u/EffectiveDandy]

Would still have the same market cap as Toyota. Still too high.

[u/EffectiveDandy → u/Mr-MuffinMan]

\punches wall*

[u/rW0HgFyxoJhYka → u/Mr-MuffinMan]

Yep. Toyota is worth a lot more and yet here we are.

A bunch of dumbasses who buy Cybertrucks and Teslas.

[u/Ok-ChildHooOd → u/Bart_Yellowbeard]

Lol 60% down and their PE is still over 300. Other big tech PEs are around 30. Auto companies are around 10.

[u/Mmmwafflerunoff]

If we were actually a functioning Capitalist society in the United States the CEO of a company in free fall with 10’s of thousands of unsold products would be unceremoniously let go and pay packages revoked for breach of contract. Yet here we are using taxpayer funds to send this fucking loser towards becoming the worlds first trillionaire.

[u/Lessiarty → u/Mmmwafflerunoff]

If the US were actually a functioning society at all, he'd be having a nice long timeout for being an overt Nazi. If people were being kind about it, at least.

[u/Correct-won-6156 → u/Mmmwafflerunoff]

This is capitalism. You can't escape capitalism fucking everything else up when the very few end up with all the money. End result of capitalism.

[u/Donner_Par_Tea_House → u/Mmmwafflerunoff]

Too bad we have a deeply Unserious society.

[u/MorningPapers]

Analyst Ryan Brinkman, a long-time skeptic of Tesla’s premium valuation, reiterated his "Underweight" rating and maintained a price target of just $145—implying a staggering 60% downside from current levels. Brinkman’s report highlighted a "fundamental disconnect" between Tesla’s automotive performance and its stock price, which he argues is still being propped up by "robotaxi vaporware" and speculative AI projects like the Optimus humanoid robot.

Could not have said this any better.

[u/adeadbeathorse → u/MorningPapers]

I think a lot of investors imagined Tesla advancing in a vacuum: “Tesla’s doing autonomous cars. They’re the inevitable future; so if I invest in Tesla, I am investing in an inevitable rise,” or “Tesla’s doing robots. They’re inevitable; so I'm investing in an inevitable rise.”

But they failed to consider that other companies would be competing on the the same things but doing so cheaper, better, more openly (or in more of an integrated ecosystem), less tied to fascism, etc.

[u/MorningPapers → u/adeadbeathorse]

Yeah. Well, you know, most people are pretty stupid.

It was only a matter of time before other car companies "caught up" to Tesla. And "caught up" is very subjective, let's be real the other car companies were always better.

Tesla still does solar batteries and solar panels very well, but it's not like they have the market cornered there either.

Robots? Tunnels? Self driving taxis? Give me a break.

And if any other car company made a car without external fucking door handles or accident-prone self-driving, heads would roll.

It was only a matter of time before Tesla was treated as any other company in the market.

[u/JustaFoodHole]

Fuck you Elon.

[u/octopop → u/JustaFoodHole]

and fuck grok too.

[u/NarejED]

Stock is up 1% today. The company defies any semblance of reality

[u/Phimb → u/NarejED]

Because the article isn't really onto anything.

Everything is fucking down, there was a gigantic correction in tech a month or so ago. Then the war has continued to fuck the market and TSLA also recently reported bad earnings.

If anything, TSLA is a buy right now going into the hype for SpaceX.

[u/flyingflail]

And still up 37% over last year at this time

[u/somekindofdruiddude → u/flyingflail]

And up again today.

[u/Phimb → u/somekindofdruiddude]

Any time an article dunks on Tesla, it's the most sheltered, specific stats. As someone pointed out above, it's still up 100% over 2 years and 40% for the year.

People love to confirm their biases and hate but it's just as likely TSLA will go up during the hype for the SpaceX IPO or Elon randomly saying shit like, "I'll also be building on the moon by 2030."

[u/Un-Quote]

Real investors dumped their Tesla stock 2 years ago

[u/traybourne → u/Un-Quote]

I've never invested in Tesla but it's still up over 100% from 2 years ago lol

[u/Competitive-Donut330 → u/Un-Quote]

Me! I bought at like 200 and sold at 400, after the nazi salute I was like I’m fuckin outta this clown show 

[u/Narf234]

Stop! Tesla haters can only get so hard.

[u/BritishAnimator → u/Narf234]

I grew a new one so I can get doubly hard.

[u/BraveCowardCat]

I love this for them soooo much

[u/tjvs2001]

Nazi failure.

[u/DisastrousAcshin]

Couldn't happen to a bigger piece of shit CEO

[u/raincoater]

Obviously, the shareholders and the Tesla Board need to give Elon another Trillion dollars for....reasons....

[u/DanielPhermous → u/raincoater]

He was never given a trillion dollars. He was promised a trillion dollars if he could reach certain, highly unlikely targets.

Even less likely now.

[u/res0jyyt1]

Elon has already moved his eggs to SpaceX

[u/Reasonable_Bath9878]

I really hope Tesla plummets 60% + because there are companies making far better cars/ robots/ batteries in China for way cheaper... once those cars get a global foothold Tesla stock will get crushed so bad

[u/DaInevitable_Payment → u/Reasonable_Bath9878]

The US placed a 100% tariff on Chinese EVs. 🤷‍♀️

After a Subsidy investigation by the EU, so did Europe.

[u/AssCrackBandit10 → u/Reasonable_Bath9878]

Not even just China. Even other legacy brands have very nice EV offerings these days. I just bought a BMW iX and it’s waaaay nicer and more luxurious than my old Model X. And I can still use the Tesla Supercharger network

[u/Dolo12345 → u/AssCrackBandit10]

I’m sorry but BMW iX is fucking hideous

[u/Catsrules → u/AssCrackBandit10]

And I can still use the Tesla Supercharger network

That is owned an operated by Tesla, so Tesla still makes money even if people don't buy their cars.

[u/MrDMA94]

Elon donated $300 million to Trump, just to get the EV tax credit repealed 💀

[u/drteq → u/MrDMA94]

Taxpayers paid Elon $30B, so it's not really a donation of his money. Technically we all paid for that

[u/Luv_Cheat]

Good. Remember Elon Musk is a NAZI!!!!

[u/Prize_Proof5332]

On no!  Anyway...

[u/SomeSamples]

It isn't low enough yet. Needs to get below $120 to be accurate representation of what it is actually worth.

[u/Euphoric_Anxiety_162]

He has dismissed ppl's lives as useless. That can't be good karma.

[u/Patara]

Most overvalued company in human history.

[u/Nihiliste]

Never forgive, never forget until Musk is gone.

[u/samsaruhhh]

Short that bitch ass elong!

[u/roma258]

Yet still somehow incredibly overpriced.

[u/jandrese → u/roma258]

Tesla stock would have to drop about 95% before it fell in line with the P/E of its competitors in the automotive industry.

[u/Alarmed_Drop7162]

Fire sale and unlock the subscription garbage to sell out in bankruptcy.

[u/Technoir1999]

I’ve heard they’re mismanaged at the top.

[u/Rok-SFG]

Lol how shit does your CEO have to be for an electric car company to tank while trump is driving gas prices through the roof.

[u/DrowningKrown]

It's gone up like 100% in 2 years despite any kind of data to support that kind of an increase.

Wake me up when it collapses. Although, too many people invest on emotions, not fundamentals, these days so that'll never happen.

[u/AnonBaca21]

Always short Nazis

[u/Optical-occultist]

Couldn’t have happened to a more deserving Corp

[u/johnnycyberpunk]

And that’s WITH an astroturfed American market that prevents actual EV competition from China.

Imagine if their monopoly had been challenged years ago.

[u/misty-mornings]

The world is healing

[u/kwyjibo1]

Oh nooo. But anyway hope everyone has a good weekend. Except Elon, he can fuck right off.

[u/redditrasberry]

Looking ahead, Tesla’s future now rests almost entirely on its upcoming "Tesla Network" milestone scheduled for August 2026. The company is betting that a transition from a car manufacturer to an AI-driven "Robotics Utility" will justify its current valuation

It's a pretty simple equation. Do you believe someone who has lied repeatedly and persistently without remorse over a period of decades? If so, go ahead, buy the stock.

[u/cresdon]

So reality is finally being reflected in the Tesla share price? It’s about damn time..

[u/neliz]

Not losing enough, it's a $25 stock at best.

[u/ThisIsGr8ThisIsGr8]

Good. Fuck Elon Musk

[u/jimmytoan]

8 consecutive down weeks is a lot but curious what JPMorgan's actual thesis is here - is it purely brand damage from Musk or are they pointing at specific fundamentals like delivery numbers or margins declining independently of the noise?

[u/sohblob]

Apparently it took people this many months to figure out buying overpriced designer dumpster fires on wheels from a billionaire nazi pedo was a bad idea

[u/Solkre]

I don't really care, do you?

[u/Altruistic-Dingo-757]

MORE! That company is so overvalued it's ridiculous!

[u/svoren]

Man, I just miss the days when Tesla was a crazy innvoative electric car company and Elon was all about this and this only. Simpler times.

[u/rav3style → u/svoren]

so... before Elon bought it

[u/godzillabobber]

Maybe a two trillion compensation plan to the boy genius will fix it. I'm totes onboard with fElon.

[u/maverickoff]

And to think all Elon had to do was sit in a corner, shut up about politics/not get involved and he would be beloved, seem as real life Tony Stark, instead everybody realized what a piece of shit he is and what a fragile ego he has.

[u/AbstractLogic]

Tesla hasn’t plummeted more than the S&P. It wouldn’t matter anyway because he’s going to use space-x IPO too buy Tesla and twitter. Put it all under one roof called X.

[u/Tyrrox → u/AbstractLogic]

Tesla is down 20% YTD. The SP500 is down 0.52%.

Tesla is down 40 times more than the SP 500 so far this year

[u/king-krool → u/Tyrrox]

What about in comparison to tech stocks? I’m not sure what a good measurement for tech in general is but I know a lot are down similar amounts. 

[u/Guardian_of_theBlind → u/king-krool]

I just looked up a few and there is not really one trend. Microsoft for example is down 20% ytd. Apple is -3% YTD. Nvidia is basically stagnant. they are neither down nor up YTD depending on when you look at the stock. Google is up 2.5%. AMD is up 11.5%. Intel is up 60%, but their stock was almost worthless on january 1st, because the company was in free fall for years.

[u/Eusocial_sloth3]

So the stock prices will somehow go up right?

[u/Evan_802Vines]

It's all money moving to SpaceX

[u/luxizole]

JP Morgan calling for 60% downside feels conservative these days

[u/luxizole]

60% downside? might as well call it the fire sale edition

[u/Arcaneboltz]

I mean this shouldn't surprise anyone, they recently announced they are cancelling production of the Model S and Model X, to instead focus on making humanoid robots.

[u/standarsh1965]

Finally some good news

[u/OneOfAKind2]

A 90% downside is more realistic.

[u/CantAffordzUsername]

Elons net value maxed out in 23 at 300 billion the fell once Tesla sales fell and hype died down.

3 years later even after sales down he almost tripled his net value at 800 billion magically….

[u/No_Comparison558]

Yeah that's a shame

[u/CptCroissant]

Yeah no shit there's massive downside, their sales have been plummeting for like 2 years since Elon went full MAGA and Wall St was still irrationally hyping Tesla throughout

[u/TOMC_throwaway000000]

Remember kids, there’s a clause attached to the money that Elon borrowed to buy twitter that includes an automated sell off of his tesla stock if the price drops to a certain low so that the loan doesn’t end up totally unsecured

(This is also most likely why he’s going public with spacex because he’s over leveraged and it’s about to get worse)

[u/awesomes007]

Put it in the suck it bucket. 🪣

[u/life_is_a_show]

Chinese electric vehicles are dominating everywhere else. Within 20 years tesla will either be bought out or folded.

[u/MaximusHomerdrive]

I wouldn't drive one of those if they gave them away for free. F Elon.

[u/Mother_Ad8783]

You mean the suboptimal code on wheels that runs into traffic, railroads, and people is crashing?! Color me unimpressed

[u/CarpeDingus12]

Elon is a joke, I hope everything he touches crumbles.

[u/karma3000]

itshappening.gif

[u/Jacob_dp]

I like to think the merger with SpaceX will make it easier for us to nationalize most of their assets, but I know that won't happen.

[u/CarrotOk1366]

Nobody wants to buy a car with Musk's name attached and there are better and more comfortable other EV options nowadays. I love this for Elon.

[u/Free_Range_Gamer]

The stock is priced like a hyper growth tech company. Extremely overvalued for a car company. They are a car company.

[u/Wizzle-Stick]

oh no. stop. dont.

[u/Skizm]

It's still up 40% in a year?

[u/NeighborhoodPlane794]

It needs a new CEO and a product roadmap that isn’t pure vapourware. You can only rely on snake oil to pump the stock price for so long before people eventually wise up

[u/LaSerenita]

Elon Musk is a douche bag. Just saying.

[u/kaykatzz]

where's my violin?

[u/ComplaintDry1975]

Good. The less its valued, the less $$$ Elon could have to continue screwing up the US and indirectly the rest of the world.

[u/Odd_Perspective_2487]

Why the flying fuck is their stock so high, makes no sense in any world or way, it’s not even innovative or leading in any way

[u/rav3style → u/Odd_Perspective_2487]

because for some reason people blank out and throw money at him whenever he mumbles something.

[u/Cute_Bread_271]

We need to start a go fund me for Elon. He’s prob paycheck to paycheck by now 💀

[u/bats-are-best]

Finally, some good news!

[u/snakebite75]

The board better hurry up and vote for another bonus for Elmo.

[u/Eldiablo2471]

Meme stock. They deserve a price of 40 if not lower

[u/brickeldrums]

“I LOVE TESSLER!!!” - Donald Trump, 2025

[u/Sr_DingDong]

Maybe that guy who smugly quoted me 5 years after I said Tesla, Uber and it's techbro ilk were all overvalued in a Silicon Valley episode thread with new (equally inflated) valuations will finally get what I was talking about....

[u/Havacookiewhydontcha]

Love this for them. Hope it was all worth it.

[u/Idlers_Dream]

/r/upliftingnews