Shares of Tesla (TSLA - Free Report) sank once again on Monday, as investors continue to price in the recent negativity surrounding the electric car maker. Clearly, Tesla shareholders haven’t reacted well to some of the latest news, but Twitter is one of the best places to gauge overall sentiment.
Tesla’s debt has become a bigger concern recently, while Model 3 production remains an issue. Meanwhile, another autopilot-related accident and a massive Model S recall helped spook investors over the last week (also read: 4 Key Reasons for Tesla's Recent Selloff).
With that said, let’s take a look at how Tesla’s recent downturn has played out on Twitter, starting with the company’s outspoken CEO, Elon Musk.
Tesla Goes Bankrupt
Palo Alto, California, April 1, 2018 -- Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can't believe it.
— Elon Musk (@elonmusk) April 1, 2018
Musk is lucky that professional fixed income managers are a swashbuckling lot. Too caught up in their bon vivant and carefree lives to care about ratings downgrades, missed targets, and bankruptcy jokes from the CEO.
— Keubiko (@Keubiko) April 2, 2018
So to recap, Tesla investors approve a $2.6B pay package for @elonmusk
Two days later, a Model X driver dies using Autopilot
The following week, Tesla loses >$5B in market cap
Today, Musk joke-tweets that Tesla has gone bankrupt https://t.co/6gOeg6YiCN
— Craig Trudell (@crtrud) April 2, 2018
I predict Tesla will be bankrupt within 2 years.
You heard it here first.
— Bob Henry ???????? (@Rmhenry1Henry) March 28, 2018
2 NTSB investigators conducting Field Investigation for fatal March 23, 2018, crash of a Tesla near Mountain View, CA. Unclear if automated control system was active at time of crash. Issues examined include: post-crash fire, steps to make vehicle safe for removal from scene.
— NTSB_Newsroom (@NTSB_Newsroom) March 27, 2018
If you have a Tesla and use Autopilot, please keep your hands on the steering wheel (TSLA - Free Report) pic.twitter.com/G5wCQgvvhZ
— Kestrel Networks (@kestrelnetworks) April 2, 2018
Tesla policy is to issue a recall *before* there are injuries. This is absolutely the right thing to do. Yet there were dozens of recalls by other car companies last month, incl w injuries & deaths, but you only wrote an article about Tesla. Why so?
— Elon Musk (@elonmusk) April 2, 2018
One important note is that Musk has referred to today (2nd April) as import for hitting the target, they did not reach 2000/week in March and will probobly not declare it officially to outside public because its not true.
— Realist (@TeslaAgnostic) April 2, 2018
Is Tesla a failure? Will #Tesla go bankrupt in 2019? Has Tesla's entire business been based on #ElonMusk marketing hype and government checks? Used Teslas are 50% of their new price with very few miles. This shows low low demand.
— Daniel Spenrath (@Results_daniel) March 31, 2018
.@EricJhonsa: Tesla's stock now looks like a show-me story https://t.co/e3BRYxQQbQ
— Jim Cramer (@jimcramer) March 31, 2018
As we can see, Tesla and its enigmatic CEO continue to polarize users on social media.
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Shares of Tesla (TSLA - Free Report) sank once again on Monday, as investors continue to price in the recent negativity surrounding the electric car maker. Clearly, Tesla shareholders haven’t reacted well to some of the latest news, but Twitter is one of the best places to gauge overall sentiment.
Tesla’s debt has become a bigger concern recently, while Model 3 production remains an issue. Meanwhile, another autopilot-related accident and a massive Model S recall helped spook investors over the last week (also read: 4 Key Reasons for Tesla's Recent Selloff).
With that said, let’s take a look at how Tesla’s recent downturn has played out on Twitter, starting with the company’s outspoken CEO, Elon Musk.
As we can see, Tesla and its enigmatic CEO continue to polarize users on social media.
Can Hackers Put Money INTO Your Portfolio?
Earlier this month, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Download the new report now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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