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After dropping 21% in five days, Investor's Business Daily is ecstatic about Telsa's 1% "rally" [1]

['Mark Frauenfelder']

Date: 2022-12-23

Musk-loving Investor's Business Daily doesn't have much to say about Tesla's catastrophic share price plunge, other than reporting a pathetic 1% rally.

"Tesla stock rallied after Chief Executive Elon Musk said he would not sell any more Tesla shares for at least 18 to 24 months," it enthused, adding, "Electric-vehicle giant Tesla (TSLA) rallied 1% Friday after Musk's comments."

It also described the minuscule rise as a "rebound."

Tesla is down 68.66% since the beginning of the year. Phew, that's so much better than 69.66%

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[1] Url: https://boingboing.net/2022/12/23/after-dropping-21-in-five-days-investors-business-daily-is-ecstatic-about-telsas-1-rally.html

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