Tesla Stock’s Worst Year Ever, Explained | WSJ

Tesla closed its worst year in its stock’s history, shedding about $675 billion in market valuation in 2022—the same year CEO Elon Musk bought Twitter. But reasons for the selloff go well beyond the social media company. WSJ’s Sean McLain explains.

Photo illustration: Amber Bragdon/Getty Images

#Tesla #ElonMusk #WSJ

[albear]

Musk is the king of pre-selling BS vaporware.

[phxtonash]

Thank you for bringing the price of Tesla stock to an affordable level for me I appreciate it

[rd]

Tesla was VASTLY overvalued for years and is still vastly overvalued, that is all people need to know. It has been obvious that this was coming for a very long time and the only question was when.

[keypeng]

there is also a huge exodus of talent from Tesla. They would much rather work for competitors that are unionized and pay more.

[aminesaib]

1.3 Million EVs delivered. That is all I needed to hear.

[BoRerunn]

People are tired of Elon's vision as he's becoming a Trumper

[paxundpeace]

They have trouble in Germany too.
Production numbers are low at the plant near Berlin.
In fall they got only 2000 vehicles per week produced instead of 5000.
They don't have enough workers to get even the two current shifts running well. They are more then 3000 workers short for a third shift.
Another issue you don't have many people trained to work in automotive industry in that area of Germany. Only VW has in plant in that area and they pay union wages with great benefits.

[MH-YouTube-Controlled]

Tesla has a brand problem and that problems initials are E.M.

[graphenebusinesslaw]

some insightful factors discussed here!

[ab]

What everyone fails to consider is that Tesla isn't a car company

They have other projects that will help them continue to grow

[VenerableBede]

The time this was published I bought Tesla. It’s up 70%

[MrWilson]

Some good stuff but also a handful of half truths here:

1:08 Yes, there 53 new EV models but this number is pretty meaningless. Compeditors production rates are embaressingly low and selling at low or even negative margins. Unit volume * unit profit is what matters. Now that Tesla has lowered prices in China, how will others compete when they are already at low or negative margins.

3:55 Yes, Tesla makes a fraction as many vehicles as other compedtors but Tesla makes an enormous profit on these vehicles. For example, Tesla makes about 8x as much profit per car as Toyota. Again, most automakers in the world make single digit margins on gas cars and actually take a loss on electric cars.

Bottom line profits, massive growth, and nearly zero debt are the reality for Tesla but the stockmarket is extremely disconnected from reality at this time. Just remember the pendulum can swing both ways.

[firstnlast]

It might be more accurate to start with macroeconomic factors up front than to start with speculation on waning demand. The entire market, especially NASDAQ stocks, got pummeled in 2022. Add to that the obvious over-valuation of Tesla and Musk’s share sales, and that accounts for the vast majority of the drop. Any perceived reduction of demand (caused mainly by inflation) is a small fraction of share price drop, not the first item.

[GrinerB]

The stat of Tesla being worth more than the top 10 car makers combined is comical… There’s no reality in where this makes sense. ESPECIALLY now that a sizeable amount of people won’t buy Tesla’s expressly because it’s associated with him.

[Jabberstax]

Elon Musk is proof that wealth doesn't guarantee intelligence

[panic_seller]

1. 2022 is actually a bad year for almost every stock other than defense stocks, doesn't mean Tesla is an exception
2. CopyCat Syndrome: If other investors are selling, I will sell too, leads to a panic in the market where everyone rushes to sell, The CEO himself is selling Tesla shares, he knows something you don't, why keep holding?? SELL

[GET]

TESLA has always said.... ALWAYS SAID they would own 20% of the market. If you own 100% of the market and a competitor makes 1 car, you lose marketshare. Marketshare doesn't matter. Production volume and profitability are all that matters. ANOTHER hit job WSJ. This is not journalism.

[duudleDreamz]

This video is outdated already. Now please explain why Tesla is up 55% over the past 6 months.

[djp]

Lol he lost $200 billion by posting facebook boomer memes on twitter.

[PaulYau]

WSJ uses data and materials months ago to produce such "in-depth" video to explain current situation is interesting