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Tesla just had the 7th worst day of its history today. h/t Cern for the great chart.

I know from experience after such a bad day recovery often comes quickly.

  • 9/8/2020 -- down 21.1% -- 5 days

  • 1/13/2012 -- down 19.3% -- 9 days

  • 3/16/2020 -- down 18.6% -- 18 days

  • 2/5/2020 -- down 17.2% -- 10 days

  • 7/6/2010 -- down 16.1% -- 7 days

  • 3/18/2020 -- down 16.0% -- 5 days

  • 3/10/2025 -- down 15.4% -- ?? days

When we look at history...

  • Average drop = 108.3 ÷ 6 = 18.05%

  • Average recovery time across these drops is 9 days.

We shall see where we stand ten days from now... but if history repeats we will recover.

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Russ T

Oh man. Guys, this is just a falling knife stock. I'm very sorry for getting my family to invest in this stock in January. It's embarrassing to be honest... There is simply no way this will be $600+ at the end of the year. Investors should be happy with $300 honestly.