It has gained $15 since market open, while every other non meme stock is in red. RIP 420p 9/18 Edit: i am ITM as of market close. Next week is going to be interesting.
If the growth story is real, TSLA can grow into its current valuation in about 5 years. Disclosure: sold TSLA too early...
A lot of things can change in 5 years. Like say compitition can catch up. The way its traded it seems like tesla will grow to current valuation post battery day.
Not a good idea to short as long as the growth story is still playing out. Dotcom bubble crashed when people realized that the growth wouldn’t be there.
Tesla is the next apple.
Too early to tell. It can be next bitcoin too. I wouldn't be sold untill i see a profit reporting after the ev credits run out.
They are the only one in the market that's redefining something they are in. Rest all are like MSFT - sustaining what they have
TSLA has enormous potential, they can do what Apple did to the phone market (RIP Nokia, blackberry), but to the rest of the auto industry. TSLA cars are on a declining cost curve (battery and manufacturing tech improvements). They also have the largest dataset for building self driving capability, and continuously improve their cars. When we get to $25k Model3s with self driving, the rest of the auto makers are completely fked. Get in on TSLA now while they’re cheap.
You in the wrong place...I think your looking for /r/wallstreetbets
Don't buy Tesla. When a PE ratio of 1000, it's just a castle in the air and you are digging a grave for your money with it.
Lookup Amazon’s PE ratio for the last 20 years and then come back here to discuss further my friend
I am 😇
What's the rationale here? Do you expect it to maintain ~400B< market cap a year from now?
With the upcoming S&P news and battery day, I think it will go above 500$ very soon. It’s the stock of the future man with a cult like following, accept it. I saw kind of the same movements and trolling at the time of Apple and Amazon, look where they are . Tesla is not 1-2 year old company, it’s here to stay and here to change the entire industry, so go with the flow if you believe in it or be a hater and talk about valuation all day. I see nobody talking about Apple gaining over 500B in value in last 2 months , nothing changed about Apple and yet it went up over 500B, that’s a billion in value.