Tesla stock rises 50% on bad sales news and a Cybertruck flop

[edhopper]

Someone can tell me why Tesla stock is up 50% in the last month.
Because it looks like some shady shit to me.
$220 to $340

[blue cat]

1. I heard that the cars may be what the police use

Contracts with the police

[Doodley]

2. Assume that more than half the investors are MAGA and have great faith in Musk (and Trump).

[RJ-MacReady]

3. Its a meme stock

The company itself is a joke. They aren't leading in any field they are in.

[Polybius]

9. They are certainly leading in charging

Their surpercharging stations are everywhere.

[vapor2]

4. Someone (not disclosed by NV) donated cybertrucks to our police dept

[Norrrm]

5. Did Dotard have the Sec of the Treasury buy huge amounts of Tesla stock?

[Locutusofborg]

6. "Buy the dip"

"Buy the dip" in investing means purchasing a stock after its price has temporarily declined, hoping to buy low and potentially benefit from a future price recovery. It's based on the idea that temporary price drops can be opportunities to acquire assets at a lower cost, which can lead to greater gains if the price later rises.

[edhopper]

7. Except Tesla

is overpriced by 10X. It has failing sales and a damaged brand.
It's PE is ridiculous.

[Polybius]

10. I think a lot of the news of their demise was more like wishful thinking

They aren't going anywhere.

[edhopper]

12. They may not be going anywhere

but their profits will not increase by 1000%, which would support their PE.

[EdmondDantes_]

11. It's been that way for a long time

And given that irrationality, there's probably a lot of stock market people who still believe.

[edhopper]

13. The market trades on hope

not reality.

[Jack Valentino]

8. "Even a 'dead cat' will bounce, if you drop it from high enough"

Seems like an illustration of that fairly well-known stock market phenomena


"Dead cat bounce"

[onenote]

14. Combination of delay in tariffs and positive international sales numbers

While overall sales were down in March, international sales were up significantly.
https://finance.yahoo.com/news/tesla-defies-expectations-major-rebound-101516400.html#

[edhopper]

15. up over the previous months

devastating drop. But down yoy.

Despite the impressive monthly growth, Tesla's March figures still represent an 11.49% year-over-year decrease compared to March 2024. The company's first-quarter results totaled 172,754 vehicles wholesale, down 21.79% from the same period last year, largely due to production adjustments required for the new Model Y launch across all four Tesla factories, per Teslarati.

Nothing in it's numbers shows me it is more than a $20 to $30 stock.

[BannonsLiver]

16. Tesla is like the movie Beetlejuice in this forum

Say the T word three times and all the “Well actually…” Tesla bros come running. You can set your watch to it. 😂

[biocube]

17. Elon's cultists will buy the stock (NM)

NM.