Despite the markets being up over 10% since January, Tesla has dropped almost 30 %.
The article earlier this week about a sudden drop seems to be premature. Corporations are now holding almost $2 Trillion in cash reserves. Read that it won't be long til they have another round of stock repurchases and dividends, particularly if stock values start to decline. On a side note, it's obvious that the capital expenditures promised from the huge tax cuts never materialized. Instead, it was a windfall for the top as many predicted with little aid to the middle and lower class and higher deficits.
The article earlier this week about a sudden drop seems to be premature. Corporations are now holding almost $2 Trillion in cash reserves. Read that it won't be long til they have another round of stock repurchases and dividends, particularly if stock values start to decline. On a side note, it's obvious that the capital expenditures promised from the huge tax cuts never materialized. Instead, it was a windfall for the top as many predicted with little aid to the middle and lower class and higher deficits.
