The Investment Thread

Apologies for quoting myself, but it’s been an interesting 6 mos, TSLA wise… dont get me started on that imbecile Musk, he has cost me a lot of money… but i feel even worse for a buddy of mine.. as some of you may remember, i got in on TSLA pretty early, back in 2016, at the equivalent of $42 per share (after adjusting for stock split, et al).. well, i found out that my friend - we used to be tight but now only talk a handful of times a year since he lives in CA, has a young kid, etc- i found out that he invested in TSLA 10 yrs ago, in 2012, at the equivalent of $6 per share.. and dropped much more than i did.. by my math, i belive that at the height of TSLA in 2020, he was - if not a Tesla millionaire, then very close to being a Tesla millionaire….. and now all that has been basically halved… I hope that Musk somehow finds it within himself to think of the shareholders, straighten up and fly right- but somehow i doubt it .
I think TSLA being down has far more to do with the macroeconomy than anything Musk is doing. The whole market (especially the tech sector) has been hit hard over the last several months, not just Tesla. BTW, they just announced a 3 to 1 stock split a few days ago.