The Investment Thread

dbridge said
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.

I am aware of the recently announced stock split.. i dont think it’ll do much, though when the last split- which was 5 to 1- occurred, it dramatically raised the value of TSLA, so i could be wrong .

As for what you and @bclemms mentioned in terms of Musk’s shenanigans and his effect on TSLA stock- i am also painfully aware of how bad the market as a whole is doing.. but i have seen much discussion on CNBC and other places recently, by folks much smarter than myself, about the fact that they think Musk and his antics have played into TSLA’s dismal performance, to the point where they think if he hadnt been so outspoken on Twitter lately, and hadnt botched his attempted purchase of Twitter- TSLA stock would be up another $100 to $150 right now, so at least it’d be trading at closer to $900 than under $700 right now .. no way to know for sure, but i tend to agree with those who value companies at least partly on the stability and stewardship of the people at the top of said companies .