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S&P 500
5,459.10
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1.11%
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US TECH 100
18,514.00
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1.00%
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Dow Jones
40,589.34
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1.64%
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Wishthiswasmyjob

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Wishthiswasmyjob

Re: beachcomber1 post# 42000

Tuesday, 11/12/2019 9:58:03 PM

Tuesday, November 12, 2019 9:58:03 PM

Post# of 52743
The TSLA valuation is just mind boggling...

When we look at Ford and others, and see this...

https://www.cnn.com/2019/11/12/investing/asian-market-latest-nissan/index.html

Tesla also saw a 39% drop in US sales on the last report, and they missed rev numbers.
When you bring this up to TSLA Bulls, they tell you what a great car it is.
But we're talking about the valuation of the company, not the car...
And they can't comprehend... Ugh.

It has become a cult stock.

Hang Seng down hard again.
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