normalexit comments on Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

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[–] normalexit@lemmy.world 23 points 1 year ago (5 children)

I bought byd stock. It keeps going down. I will never understand investing

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[–] pineapplelover@lemmy.dbzer0.com 17 points 1 year ago (1 child)

And I've been holding tesla for years and it goes up even when news is shit. I don't get it either

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[–] IhaveCrabs111@lemmy.world 2 points 1 year ago

It’s just too complex for you. You’ll never understand things like regression charts, Fibonacci patterns and crime

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[–] herseycokguzelolacak@lemmy.ml 3 points 1 year ago

Markets can stay irrational longer than you and I can stay solvent.

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[–] REDACTED@infosec.pub 3 points 1 year ago

https://en.m.wikipedia.org/wiki/BYD_Auto

Realistically their sales in Europe are a statistical noise.

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[–] Alcoholicorn@mander.xyz 2 points 1 year ago

Chinese indexes/etfs are mostly good for its stability, overall it doesnt grow as much as other markets, but it tends not to drop as much either.

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[–] avidamoeba@lemmy.ca 2 points 1 year ago

You never buy an individual firm stock unless you have insider knowledge.

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lemmy:	0.19.20
mlmym (mschae):	26.3.4