General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow is Tesla stock continue to rise while other car manufacturers tank?
I keep seeing Tesla stock rise despite the falling sales, the toxicity of Telsa due to Elon's instability and radical views, Cybertruck recalls, China's EV sales overtaking Telsa, China's advanced battery technology (4x the distance added after a 5-minute charge--BYD 400 km versus Tesla 106 km), the ridiculously inflated P/E ratio for Tesla...yet Tesla stock continues to rise?
There must be some manipulation, but I can't imagine it is sustainable. Feels similar to the housing bubble that eventually burst.
Stinks of corruption, but I'm not market savvy enough to know what sorts of manipulations can increase Tesla's stocks against all odds and all indicators.
Edited to add: I know Tesla makes more than just cars, but their battery technology (used for Solar battery backup, for example) is falling behind and production is slow. They announced a "Tesla Tiny Home" that at this stage is just a concept and not even close to production (if ever). I don't understand the jump unless it's those who have a ton more money than I do manipulating the market, artificially inflating the price to cash out. Musk has several accusations in the past of manipulating both Tesla stock and Twitter stock.

Eugene
(64,247 posts)Tesla EVs sold in the U.S. are made in domestically, while other cars may cross the Canadian border as many as 8 times during their assembly.
Also, First Buddy Elon Musk has crafted special carve-outs for Tesla's China business.
Submariner
(12,952 posts)to lead all three branches of government controlling the White House, the senate, the house.
Then you pack the SCOTUS with the easily bought republican maganazi judges, by having the diarrhea Don friendly heritage foundation provide international vacation packages and/or RV upgrade with exclusive Walmart parking lot parking privileges, to sway the vote.
When you accomplish all that, and you're a fascist party before country Putin glory hole, then manipulating the market is EZ-PZ.
RJ-MacReady
(300 posts)They are now largely irrelevant and likely won't even around in a few years.
Polybius
(19,631 posts)I can't wait to pop back in in a few years. Bookmarking.
RJ-MacReady
(300 posts)And I dont believe it had the world's best selling car. Sales are down nearly 80%.
Polybius
(19,631 posts)If it wasn't for Mush getting into politics, Tesla would dominate the world. But he went nuts. Still though, Tesla will be around another 100 years, bank on it. Musk may be ousted.
RJ-MacReady
(300 posts)It was never the juggernaut it was hyped to be. EVs are not here to stay mark my words. A new source will surpass it. Hydrogen.
Polybius
(19,631 posts)We'll just have to wait and see what happens over the next few years. You don't think EV's will be the majority of cars by 2050?
Hydrogen cars seem incredible, but will the cost go down? Hydrogen fuel is currently more expensive than gasoline.
RJ-MacReady
(300 posts)By 2050 EVs will ne a different animal. Electric maybe but not lithium batteries
Hugin
(35,979 posts)With no relation to the value of being an auto manufacturer or the vehicles sold.
ProfessorGAC
(72,183 posts)The market cap is more than 8x assets.
By contrast, Dow Chemical has a market cap of ~0.5 assets.
Hugin
(35,979 posts)A few weeks ago there were stories about how Musk had sunk large chunks of Tesla in crypto. Maybe even most of it.
Somehow, being a crypto laundry factors into this levitation act.
ProfessorGAC
(72,183 posts)So, unless he diluted his own shareholding, I don't see how that's possible, unless tge board gave him carte blanche to mess with treasury stock.
Happy Hoosier
(8,856 posts)And the board is full of sychophants. He can (and has) sunk a lot Tesla’s cash reserves in to BTC.
ProfessorGAC
(72,183 posts)....of $36 billion in cash, cash reserves and STI. Their free cash flow was only $2 billion at the end of '24.
Unless all their STI all went into crypto, I find it questionable that there is that much TSLA money in crypto.
I don't doubt there is some, but a lot? I don't know about that.
Blue Full Moon
(1,966 posts)Old USEC trick and Enron probably did it too.
Ping Tung
(1,986 posts)

crimycarny
(1,767 posts)Musk had to have someting to do with the design of the Cybertruck. I can't think of an uglier symbol for Twitter than the "X" symbol he came up with, for example. Both the Cybertruck and the "X" have the same type of ugliness to them.
haele
(14,087 posts)Not Deckard, mind you - he announced it as "like Bladerunner would drive..."
Wow, isn't he edgy and cool...
crimycarny
(1,767 posts)I forgot Elon said that. Can you find two more clownish-looking men than Trump and Musk? No. But somehow they are able to win cult like adoration from MAGA.
As long as I live I will never understand.
LostOne4Ever
(9,638 posts)While it is slightly up today it was way more down yesterday.
I know because watching TSLA sink on the stock market is one of my ways of coping under this administration!
Maeve
(43,181 posts)Tesla insiders are selling, retail buyers are pumping cash into it....who do you think is making the better decision?
crimycarny
(1,767 posts)But I think I get the gist. Basically, Musk is trying to fool people into buying the stock, but the insiders selling means they know the ship is sinking.
crimycarny
(1,767 posts)Thanks for the archive link to the article. If I were a Tesla employee I'd sell all I could after hearing Musk say "hold onto your stock". If Musk's lips are moving, he's lying. So very similar to Enron!
uponit7771
(92,651 posts).. was paying the bills on isn't bringing in the cash.
IrishBubbaLiberal
(1,192 posts)Compare to the DOT COM bubble in 1990s
Lots of idiot retail buyers.
Institutional investors are many times ALSO just riding the wave,
Both UP and DOWN
Stock movement in either direction makes one TONS of money
IF you choose the righ direction,,, for SHORT TERM TRADERS.
Long term ,, TESLAS is likely a TURD.
Short term, the MARKET MAKERS of Tesla can indeed manipulate share price,
I suspect there is also BILLIONS in stock trading being manipulated,
Kinda of a PUMP N DUMP.
When numerous ANALysts issue BUY or HOLD,
they usually have BIG HOLDERS DUMPING THE STOCK.
The stock market is a den of corruption
Meowmee
(8,279 posts)I have not seen the recent events with that. I think it is manipulation. The very wealthy investors are constantly manipulating the market. Elunatic was being investigated before he bought the election and now that has been cancelled. He totally lives off the US gov money, our money! See this article and others. His biz would be nothing without OUR money.
https://finance.yahoo.com/news/report-says-elon-musks-businesses-150042117.html
Polybius
(19,631 posts)It was bound to rebound, becauseit dropped so fast. It was never expected to go sub-$200.
Emile
(33,809 posts)hunter
(39,439 posts)All of our Great Leaders will be driven around in Teslas.
https://en.wikipedia.org/wiki/GAZ_Chaika
https://en.wikipedia.org/wiki/ZIL-111
Other Great Americans, those who can afford cars, will be driving smokey oil burning antiques held together with Bondo and bailing wire, or brand new "traditionally styled" SUV death traps made out of cardboard and plastic.
In other words, the U.S.A. auto industry will become a joke.
bucolic_frolic
(49,568 posts)There is competition now, even if Trump is trying to tariff it away, and that creates uncertainty for revenue streams and debt repayment.
But TSLA has technology, they're into more than just vehicles.
C_U_L8R
(46,926 posts)Sure, the stock is being pumped but no one is buying the dang stupid cars. The law of gravity will win.
crimycarny
(1,767 posts)"The law of gravity will win."
I honestly feel like we're observing Elon disassembling mentally in real time. He truly seems to be spiraling, doubling down on his hate and right-wing fueled conspiracy theories in a desperate attempt to regain a sense of control.
Both Elon and Trump are narcissists who crave adoration, but I think Trump isn't as affected in the same way as Elon is. I don't know how to articulate what I mean. It feels like Trump's short attention span and lack of intelligence give him a bit more protective armor. Yes, Trump will rage and rant and won't ever forget a slight (and will be deadset on revenge), but he also seems more capable of lying to himself about how great he is.
Elon doesn't seem to have that armor and can't deal with the idea that others he sees himself as superior to are showing him public disdain. He's spiraling.
C_U_L8R
(46,926 posts)Trump has years experience to ferment and harden his disorders. Musk is much more of a wild card and you can see his flailing as he flops. It's a long long fall down and he's gonna hit the canyon floor with a mighty splat.