lnxtx (xe/xem/xyr) to No Stupid Questions@lemmy.worldEnglish • 7 days agoWhat is happening with Tesla (TSLA) stock currently? 📈feddit.nlimagemessage-square68fedilinkarrow-up1197arrow-down16file-text
arrow-up1191arrow-down1imageWhat is happening with Tesla (TSLA) stock currently? 📈feddit.nllnxtx (xe/xem/xyr) to No Stupid Questions@lemmy.worldEnglish • 7 days agomessage-square68fedilinkfile-text
minus-square@brucethemoose@lemmy.worldlinkfedilink7•7 days ago10% is still a wild fluctuation for a company with the market cap of Tesla. In this case, I think its not “that” deceptive, as zero is not usually a reference in this case.
minus-square@givesomefucks@lemmy.worldlinkfedilinkEnglish9•edit-27 days agoAnd if Y started at zero the graph would accurately show 10%, which is huge on that timeline. And people wouldn’t be used to it and would react appropriately. Although in this case I’d argue even then a month is deceptively short term when they’ve lost 50% this quarter
10% is still a wild fluctuation for a company with the market cap of Tesla. In this case, I think its not “that” deceptive, as zero is not usually a reference in this case.
And if Y started at zero the graph would accurately show 10%, which is huge on that timeline.
And people wouldn’t be used to it and would react appropriately.
Although in this case I’d argue even then a month is deceptively short term when they’ve lost 50% this quarter