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3min chapter
People Hate Inflation, but Unemployment Is Worse
The Compound and Friends
Is This the Worst Tesla Drawdown?
Tesla is in a 50% drawdown, maybe a little bit worse by now. The last one that went this deep was probably in 16. Tesla has lost 52% so far in 2022, lagging the S&P 500 by about 35 percentage points. Guess how much higher it is than its pre-pandemic high from 2019? Yeah. Is it probably double? 165% higher. It's at such a ludicrous... It went up 750%. It was 2020 did it? Yes. And then another 50% in 21. So do you think that that Iger leaves Mission accomplished or does he leave and his legacy as tarnish?"
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