[Despegar]

Tesla's stock has massively under-performed over the past 5 years (will be up 8% over that period if the after hours price action holds). The opportunity cost of owning it has been huge while the rest of the market ripped up.

[greglindahl]

Yes, if you pick the most embarrassing time period for a given stock, it probably massively under-performed. Alternately, you can pick the most flattering time period.

[ajross]

It was a statement about a 5-year period in a stock issued just a few weeks longer than 9 years ago. Are you seriously making a cherry picking argument?

[greglindahl]

The period chosen misses a 10x run-up just before it.

[Despegar]

Its under-performance over 2 and 5 years explains why it's been such a great short. Investors like Chanos have a basket of shorts so any one stock ripping up would hurt but wouldn't kill them. And the shorts ultimately let them be even more net-long the market.

[b_tterc_p]

As a non owner of a vehicle or stock... I don’t see a reason why the average interested watcher should care. There’s significant speculation and huge financial forces putting unusually large efforts to push this stock up or down.

Personally I don’t think it matters or changes the likelihood that they’ll eventually succeed or not succeed.

[almost_usual]

Up 8%? It's down 10%+, what made you think it would go up? Rest of the market ripped up? The S&P is up 20% this year while Tesla has gone down 20%.

Edit: >The opportunity cost of owning it has been huge while the rest of the market ripped up

The S&P is up over 50% in five years. TSLA could go up 20% tomorrow (and ignore today's after hours change) and the S&P would still be outperforming TSLA.

[toopricey]

He was using "ripped up" as a positive term, I assume synonymous with "Shot up" or "went up". You're agreeing with him, both of yall are saying Tesla has massively underperformed the market

[almost_usual]

That makes a lot more sense, I interpreted "ripped up" as "torn to shreds".

[spullara]

He meant up 8% over the five year period.

[almost_usual]

>The opportunity cost of owning it has been huge while the rest of the market ripped up

Still doesn't make any sense. The S&P is up over 50% over five years. Outperforming TSLA by almost 3x (including the after-market change it is 5x).

[jkqwzsoo]

No, that’s exactly what “opportunity cost” means.

[simonebrunozzi]

I think the term we are looking for here is "alpha" [0], and you want a "good" stock to generate "alpha" in respect to the overall market.

[0]: https://www.investopedia.com/terms/a/alpha.asp

[lukevdp]

You and the parent comment are in agreement, I think you misunderstood their comment.

[eanzenberg]

Sheer will-power