To The Moon

Tesla's recent stock pullback and sales declines, while significant, are overblown, according to Benchmark analyst Mickey Legg. Tesla Inc. has had a tough few months, with Chief Executive Elon Musk at the center of a political maelstrom and the EV giant facing declining sales and intensifying competition, particularly in China, its second-largest market."We believe the recent stock pullback and sales declines, while significant, are overblown considering the near-term issues impacting the company and the scope of opportunities around the corner," Benchmark analyst Mickey Legg wrote in a note released Wednesday. "After appreciating over 90% to a high of $488 after the Presidential election, the stock has pulled back to sub-$300 levels.". Tesla shares have fallen 45.1% in 2025 amid the ongoing backlash against Musk over his key role in the Trump administration's controversial Department of Government Efficiency. Musk's leadership position in the so-called DOGE has seen the company's sto

Elon Musk told shareholders on Thursday to hold onto their stock, even as sales of the electric vehicles are falling. I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio.I told him, "If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?