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Tesla stock is 27% down in 2024. Elon Musk is fighting 200 d...

Tesla stock is 27% down in 2024.
Elon Musk is fighting 200 different lawsuits.
Q1 delivery numbers expected to disappoint
Investors panicking because they have the memory of a goldfish and the performance of their "long-term investment is measured in microseconds.
Most retail investors and many fund managers can't separate the difference between long-term optics and short-term headwinds.
Exact same thing happens in reverse too.
People celebrating short-term tailwinds when their stock is going up 20% a day, like it is a badge of honour of their long-term investing prowess.
It seems that 95% of investing gurus measure company performance NOT based on the financials and fundamentals, but based on short-term stock price movements.
Stock price down = Company doing bad.
Stock price up = Company doing great.
No matter if the underlying numbers haven't changed one iota.
Tesla stock is 27% down in 2024. Elon Musk is fighting 200 different lawsuits. Q1 delivery numbers expected to disappoint Investors panicking because they have ...
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