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The Trump effect no longer boosts Tesla: Stock drops by nearly a third since pea

11 pointsby taimurkazmi3 months ago

6 comments

rvnx3 months ago
Mixing politics and business is a terrible idea in that case.<p>He had tons of money, lot of fun tech to play with, but wanted power and more women, now he became unofficial US president.<p>So what will come next is people hating his decisions, and not supporting his businesses.
2OEH8eoCRo03 months ago
This forecast now shows $400,000,000 for armored teslas in 2025<p><a href="https:&#x2F;&#x2F;www.state.gov&#x2F;procurement-forecast" rel="nofollow">https:&#x2F;&#x2F;www.state.gov&#x2F;procurement-forecast</a>
IAmGraydon3 months ago
Sounds like a big drop until you realize it gained 130% in the last quarter of 2024 alone. This drop has only brought it back down to where it was in December.
rsynnott3 months ago
The market can, notoriously, remain irrational longer than you can remain solvent.<p>But, like, generally not _forever_.
k3103 months ago
China appears to be looking to reap the low hanging fruit of AI and FSD.<p>It&#x27;s capitalism, comrade. Sure hurts to lose your hype-based overvaluation.
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toomuchtodo3 months ago
I’m unsure if the Trump effect was holding TSLA up vs the realization that FSD as a product is goalposts on wheels and the steep, very apparent drop off in global vehicle sales causing the price to head towards a fundamentals valuation. Doesn’t help that BYD is giving away their self driving capability vs Tesla charging for the software.<p><i>Elon Musk is about to masterfully move the goalpost on Tesla Full Self-Driving</i> - <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=43013264">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=43013264</a> - Feb 2025<p><a href="https:&#x2F;&#x2F;hn.algolia.com&#x2F;?dateRange=all&amp;page=0&amp;prefix=false&amp;query=tesla%20salea&amp;sort=byDate&amp;type=story" rel="nofollow">https:&#x2F;&#x2F;hn.algolia.com&#x2F;?dateRange=all&amp;page=0&amp;prefix=false&amp;qu...</a><p><a href="https:&#x2F;&#x2F;hn.algolia.com&#x2F;?dateRange=all&amp;page=0&amp;prefix=false&amp;query=byd%20self%20driving&amp;sort=byDate&amp;type=story" rel="nofollow">https:&#x2F;&#x2F;hn.algolia.com&#x2F;?dateRange=all&amp;page=0&amp;prefix=false&amp;qu...</a>