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OJFord
111 days ago
General media, news, etc. gets this wrong
all the time
, see any commentary on inflation, GDP growth, rate of change in house prices, etc.
1 comments
abustamam
110 days ago
As an aside, I remember some time ago that Tesla stock went down because the growth of the Model 3 sales went down... After years of being one of the best selling cars on the planet.
If number don't go up fast I guess people get scared.
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lambertsimnel
110 days ago
It could have been that so much future growth was priced in that a reduction in the growth rate could have justified a reduction in the share price
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abustamam
110 days ago
I didn't think of that! That's certainly possible.
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gloryjulio
110 days ago
The issue is the company's valuation has priced in ridiculous growth in the future. The trajectory matters here. Not saying you should short the stock
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If number don't go up fast I guess people get scared.