Re: Tesla down another 4% today

On Mon, 10 Mar 2025, JAB wrote:

Tesla shares plunged on Monday, hitting their lowest point since
before Election Day, as investors registered the impact of falling
sales and increasing protests over the high-profile political role
that Elon Musk, the company's chief executive, has taken on.
>
In afternoon trading, the electric-car maker's shares were down more
than 13 percent for the day, and more than 50 percent from a
mid-December peak. The day's loss far outstripped the 2.5 percent drop
in the S&P 500.
>
The steep rise in Tesla shares that followed Donald J. Trump's
election as president, and Mr. Musk's appointment as de facto
government cost-cutting czar, has evaporated along with more than $700
billion in stock market value.
>
https://www.nytimes.com/2025/03/10/business/tesla-stock-market-elon-musk.html

If I was a speculator, I might actually consider buying a little bit of tesla, since surely Musk will manipulate Trump into some teslas benefit, and the shares will again increase with 10%-20% or so.
But, since I do not like the product (I like ICE cars without surveillance, tha will take me from point A to B as cheap as possible without recharging troubles or battery fires) and since I am more of an investor at heart, I will not buy tesla.
In fact, as per your previous message, I think we might have a mini-recession in fron of us which might take the market down 20%-30%, so for the moment I am saving my money and will buy if it dips.