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  1. #1021
    Member
    Join Date
    Feb 2003
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    , Christchurch , NZ .
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    262

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    Tesla down 8.33% today...
    Initially did quite well after the Fed's statement yesterday, but the market is certainly not so happy today.
    NASDAQ down 5% overall.

    And I see NIO is down a whopping 15.17%, Rivian down 9.46%, and the list goes on

    I take it you think Musk is selling more stock based on todays large volume or ?....

  2. #1022
    Member
    Join Date
    Oct 2016
    Location
    Auckland
    Posts
    438

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    The way it traded early you could see there was serious selling. It was operated in a very similar way to the stock the other day, hey I could be wrong, but it could even be Larry Ellison selling some of his stock to "help Elon" with the Twitter funding etc. He does own around 1.5% of issued shares he bought for around $1bil now worth around $14b at current market price. Bit of a guess but we will find out sooner or later.
    Last edited by Dassets; 06-05-2022 at 01:04 PM. Reason: grammar

  3. #1023
    Member
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    Feb 2003
    Location
    , Christchurch , NZ .
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    262

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    Ah, didn’t think of that - could well be…

  4. #1024
    Member
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    Feb 2003
    Location
    , Christchurch , NZ .
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    262

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    Now down approx 25% over the past month against the NASDAQ at approx 15% - still production problems in Shanghai due to supply issues so not surprising really. Other EV manufacturers not doing well either…

  5. #1025
    Member
    Join Date
    Dec 2021
    Posts
    152

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    Dassets will be doing well on his short if he kept it. The price is low enough for me to start accumulating again. It will be interesting to see if Elon's latest rantings do turn off left wing car buyers. Twitter is certainly full of hate for him from an even larger contingent than usual.

  6. #1026
    Member
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    Feb 2003
    Location
    , Christchurch , NZ .
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    262

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    Sure hope he did
    And yes, Musk is certainly not helping things...

  7. #1027
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,795

    Default

    Nearly 50% down in the last 6 months
    PE down to 85
    S/p down 7 % last bite

  8. #1028
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,481

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    Quote Originally Posted by Joshuatree View Post
    Nearly 50% down in the last 6 months
    PE down to 85
    S/p down 7 % last bite
    Wonder if the God is still afloat ?

  9. #1029
    Senior Member
    Join Date
    Aug 2003
    Location
    BOP
    Posts
    1,202

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    Quote Originally Posted by stoploss View Post
    Wonder if the God is still afloat ?
    If he was real ?

  10. #1030
    Legend
    Join Date
    Dec 2009
    Location
    Everywhere
    Posts
    7,448

    Default

    How much did they lose on their Blatcoin blitz or did they get out before it got flattened recently ?

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