I fucking OWN a Tesla and I think it’s ridiculous.
I also am now the proud owner of 5x more shares of TSLA than I had yesterday. Which, by the way, is up another 3% in after hours trading. LMAO
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This bubble will end the same way they always do. It is a matter of when not if.
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We’re definitely in “the guy shining my shoes is getting in” territory, at least re: Tesla. It could easily double or more before the inevitable happens, though.
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No doubt. Until the mania cycle ends or is broken by something there is just as much chance we see a much higher stock price as anything else. It isn’t like todays value resembles anything approaching reality so it hitting a 1t+ market cap is just as absurd as the 600b market cap it has today.
That being said when it pops it is going to be painful I would imagine.
I would not be surprised to see TSLA test $2K, nor would I be surprised to see it lose 80% of its value.
It is already well over 2k in pre-split value. I assume you mean it going to 2k post-split from here? That would make it worth over 2T and be the most valuable company in the world.
Yep that’s what I mean. My theory is that there are some morons out there who don’t know how splits work and think it’s on sale like a flat screen TV at Best Buy on Black Friday, and the question is, as it ever was, how high can they drive it before it blows up in their faces?
Elon seems good at tricking these fools into blowing up his company’s value, too. But, like, it’s now up almost 15% from today’s open. 10 more days like that and it’s at $2K.
Would be hilarious if Elon announced another split when it got to $1200 or so and caused another massive rally for no reason whatsoever.
I do think the end is nigh, though. But the end of a bubble is generally a massive and absurd rally and the sky is the limit.
Tsla actually looked poised for a pullback before they announced the split so naturally STONKS gonna STONK.
It’s going to be annoying when the TSLA crash results in a total market index fund losing like 2%+, but whatever.
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Have any theories on why? Vix moves like this seem to only happen on big down days so what happened?
The only thing I can think of is that it’s a bet that Tesla will enter the S&P 500 index within 30 days.
My thought was just that it could be some kind of leading indicator of the bubble bursting, an indicator of forthcoming volatility.
My 401k is 100% SPX right now. Don’t touch my moneyz Elon 
Hell, it’ll probably do both.
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Don’t think tech/e-commerce is popping anytime soon. TSLA is in meme territory, so have fun if you want.
Amazon has what a 150 p/e ratio? Seems ok when you consider their position. Maybe a bit high but not bubble territory.
Tesla is a shitty car manufacturer that struggles to make 30,000 cars a month. Their p/e is in the thousands and they have no path to significant profitability that I see.
If they could sell each car for $100,000 profit at their current manufacturing rate it would take roughly 20 years of that level of profit per car to be worth their market cap with current manufacturing rates not accounting for the time value of money. In reality they make around $0 per car manufactured currently.
Do you even battery, bro?
Lol Elon being a Trumper when they are only profitable by selling energy tax credits.
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Doesn’t Panasonic make their batteries lol? Or am I imagining that.