Analysts say it’s a bubble.. could be but surely doesn’t seem like it since past 1yr
Why would it not seem like a bubble since the past 1 year ? If anything, the exponential growth without a strong change in the company fundamentals is an even bigger indicator of a bubble.
Seriously wtf!!!!
Short the shit outta it. Fundamentals don’t support it
Fundamentals don't support the entire market right now. There is no logic in current market, only feelings and sentiment at this point.
People who shorted the shit outta it lost $18 billion in last 6 months.
Yep... there is a 20m short position on TLSA now. So you are not alone in thinking it’s crazy. I thought 1800 isn’t unrealistic. But missed opportunity to buy at 1000 before the ascend and now it’s too late.
It’s $20B short and not $20M short.
Canada you are right. 20m is too small.
What is shorting mean in stock market?
Wear shorts while trading, instead of going commando
In an overly simplistic explanation: You borrow stocks that you feel are going to go down Sell those stocks immediately and get the current price Hope that the price of the stock crashes within a set time frame by which you need to return the stocks Buy stocks at new price to return If the stock price in fact goes up during this time, you'd have to pay out of pocket to pay your debt with nothing to show for it. Stocks overall grow over time long term, making this inherently risky to bet against
its not a bubble, Tesla is going to hit 3k by next year and 10k in 8 years, there is literally no competition for Tesla as its way ahead in the electric and autonomous. Buy it while you can - here are following events which will push the stock further - 1) July 22nd second quarter results 2) Battery day 3) Inclusioni n S&P 500 4) Full autonomous approval, 5) Entry into Indian and European market All investors of Tesla are long time holders, buy it while you can! Good luck :)
Interesting. How did you arrive at the 3k and 10k valuation?
Once Tesla Model Y picks up across the world, there is another 20k electric vehicles coming from Tesla which pushes revenue almost exponentially. Its revenue might hit 100b$ in next 4 years. Some analysts predict that it might reach 5k by 2022. Tesla shares were long overdue but new entry into European and Indian market changed it all. I see so many Tesla 3s here in Canada this year compared to last year.
Bought at $350. Doubled down a few months later when the price dropped even more. I'm at 399.76% up as of right now...
How many stock units of TSLA did you buy?
30. Not a huge amount but I always like to keep a very diversified portfolio. I have nfk how the stock is at $1700 right now, definitely did not expect such as a sudden increase.. will not sell, keeping it for the long run.. time in the market > timing the market
It's undervalued still imo.
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