Submitted by kmtrp t3_z09826 in singularity
Aevbobob t1_ix4891t wrote
That looks like Ark Invest research. Check out their model for Tesla
GodOfThunder101 t1_ix5k3wt wrote
I would stay away from ark invest, they haven't a clue about what they are doing. They lost over 60% of investors' money this year alone.
Equivalent-Ice-7274 t1_ix65gwz wrote
The entire tech sector is down massively due to higher interest rates. Once inflation cools down, the tech sector will roar higher. Now is a great opportunity to buy in.
Aevbobob t1_ix5n7wa wrote
Separate their investment decisions from their research. Their research is excellent. At least on Tesla
-ZeroRelevance- t1_ix6ap7s wrote
I’m pretty sure that happened because they primarily invest in growth stocks, and growth stocks are disproportionately affected by market downturns like now. It seems like the economy is recovering again though, so I imagine those growth stocks will likely regain a lot of value in the near future.
TheTomatoBoy9 t1_ix6kpb7 wrote
They made some pretty insane "buy low, sell lower" moves in the last year and a half. More than just the general downturn.
Some of their decisions have been... questionable to say the least
roundearthervaxxer t1_ix6oef6 wrote
I would stay away from Tesla
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