
Originally Posted by
Al Bundy 4eva!
I'll give you guys a basic break down why Tesla share price has fallen so much -65+%, let's throw in -10% for Elon being Elon to the equation.
"Tesla will sell every car Tesla produces "-Elon Musk.
Demand won't be the problem, it's how much profit they make off every Tesla sold, currently 29%, so when profit margins come down
Future Earnings per share come down
Share price then tanks, I believe it's oversold, but I can't predict the future any more than someone predicting that Tesla will fail as a company.
Tesla shares do not pay out dividends ever, so there are no earnings per share at all.
There’s no way that Elon Ego could withstand daily scrutiny by the share market ups and downs.
Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket - Eric Hoffer
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