Tesla 5-1 Stock Split

Re:Tesla 5-1 Stock Split by est31 on Tuesday August 11, 2020 @06:11PM (#24126624)

Tesla produces real things, yes, any they have already driven change in the car industry. But even if Tesla displaces all other carmakers, which isn't likely, there is a total limit to the car market.

Another reason to tell why Tesla's stock is in bubbly conditions is the timing. Why is it soaring up right now? Is there some event that makes it more likely that people buy cars? No. The current events actually point towards the opposite direction of a recession, where people don't buy new cars. But they are overruled by different events which are more about more about money not knowing where it should go.

This video makes some very interesting points on the "too much money in the markets" question: https://youtu.be/Im0rzTWplwU

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Re:Tesla 5-1 Stock Split by woodandsteel on Tuesday August 11, 2020 @08:23PM (#24127449)

I have no idea whether or not Tesla's stock is over-priced. However, it is definitely more than an auto company. It has a solar division, and it make electricity storage systems for home and utilities. Also, there are strong indications it is about to go into manufacturing li-ion cells. It seems to me it is quite possible that at some point it will be worth a trillion.

Let me add it is interesting that people who say Tesla is over-valued so often make this mistake, even though most of what I said is widely known. Perhaps people are being intentionally misleading.

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Re:Tesla 5-1 Stock Split by pete762 on Wednesday August 12, 2020 @09:35AM (#24131923)

If it is widely known, then there is no money to be made

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Re:Tesla 5-1 Stock Split by woodandsteel on Wednesday August 12, 2020 @06:58PM (#24138067)

Good point, so maybe that's their motive.

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Re:Tesla 5-1 Stock Split by sfblah on Tuesday August 11, 2020 @07:02PM (#24126978)

Thanks for the video. Worth the watch.

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