Tesla, the WTF Chart of the Year

by Wolf Richter
Wolf Street

You’ve got to admire Musk for snookering true believers into buying $2 billion of new shares a month ago that are now down 52%.

First a little history. Back in the good old days of February 4, 2020, when Tesla CEO Elon Musk could still be seen walking on water, and when Tesla’s shares hit $960 (and a little later $968.99), I posted a chart, calling it the “WTF chart of the year,” and adding that I’m in Awe of How Tesla is Now a Supernatural Phenomenon:

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