Tesla stock, dafuq?

[AlwaysFocus]

Why is Tesla over 1500 a share.

Just got an alert, up like 11% to like 1528$. Dafuq? Are a bunch of people about to get fleeced? 1 and 5 year charts looking like a bitcoin chart from a few years back.

[keyboardworkout]

Clown world

[Stray800]

They announced the stock split and folks predict the lower price will be more attractive to investors...hence the spike

[AceRok]

1 to 5 stock split announced.

So glad I bought at the bottom years ago.

[elterrible987]

lmao they only had like one or two profitable quarters ever.

[AlwaysFocus]

lmao they only had like one or two profitable quarters ever.

exactly

[SlootMan]

stonks only go up

[soaponarope1]

A lot of it is driven by moron investors buying stonks on Robinhood and the like. With the rally ever since the drop earlier this year, and the constant climb before that drop since the Trump presidency, retail investors think they are smart. Once a correction hits it'll be bad, since people have sunk their actual savings into retail investing rather than a savings account.

Also, they are relatively uneducated, so they buy stocks because the company is cool.

[tunafishha]

Lol @ Tesla cucks.

Git on dat V6 ICE time bb.

[phaginator]

I'll give you cliffs why;

- Money goes to stocks because there is no alternative
- Tesla has a lot of potential
- Tesla can't keep up with demand
- hype

[EmmaW4tson]

I'll give you cliffs why;

- Money goes to stocks because there is no alternative
- Tesla has a lot of potential
- Tesla can't keep up with demand
- hype

lol, part right.

Tesla is a nice pump n dump. It is as legit as Kodak doing vaccines and even less legit than the Kodak stock buying spree that happened prior to the announcement.

So much corruption in the financial markets RN its a joke. The SEC are cucks.

[phaginator]

lol, part right.

Tesla is a nice pump n dump. It is as legit as Kodak doing vaccines and even less legit than the Kodak stock buying spree that happened prior to the announcement.

So much corruption in the financial markets RN its a joke. The SEC are cucks.

Lol bro, Tesla is overvalued for sure but it's no Kodak though.

[AceRok]

A lot of it is driven by moron investors buying stonks on Robinhood and the like. With the rally ever since the drop earlier this year, and the constant climb before that drop since the Trump presidency, retail investors think they are smart. Once a correction hits it'll be bad, since people have sunk their actual savings into retail investing rather than a savings account.

Also, they are relatively uneducated, so they buy stocks because the company is cool.

...so then I said, "Check my printer."

[Merc009]

Someone aware me how stocks work, so I just buy this $1500 stock, wait a year, then sell it for whatever value it increased?

[rectifryer]

I'm going to explain this succinctly.

Everyone investing in tesla stock realizes they're doing it because everyone else is. With a stock split, they realize more people are going to invest. Tesla does not make the value of the stock go up, solely the demand for the stock does. Other companies do silly things like make profits. However, what Tesla does is just as interesting. The control the market regardless of profit, and that market has a lot of perceived future growth, ie speculative. How long can a stock remain speculative before investors start walking away? I'd say as soon as tesla's private investors start cashing out you're going to see problems for everyone else.

Can you get rich off this? Absolutely. Is it the way things are supposed to work? Nah.

[DizzySmalls]

Someone aware me how stocks work, so I just buy this $1500 stock, wait a year, then sell it for whatever value it increased?

The value is theoretically determined from the net asset value of the company ownership you hold and all of the earnings it will ever produce going forward with a discount for time value

Technically the only cash flows it would yield are dividends, which don't even need to be significant for a value to be high.

So fundamentally, an increase in price of a stock means the net asset value has increased, or future profits expectations have increases

In our current environment, I'm not sure how important fundamentals are in this. Interest rates are highly distorted from modern monetary policy, and investor decision making is distorted as well as you have to throw all of this money somewhere and debt isn't a favorable option with fake and gay interest rates.

[AceRok]

No, what's driving it in the last 30 days is that it will most likely get added to the S&P500 soon.





Disclaimer: This Is Not Financial Advice

[A-man]

Why is Tesla over 1500 a share.

Just got an alert, up like 11% to like 1528$. Dafuq? Are a bunch of people about to get fleeced? 1 and 5 year charts looking like a bitcoin chart from a few years back.

Robin Hood!

I can fly!!

On a serious note, it actually is nothing but speculation. Every few years during a bull market a new crop of retail traders enters the mix because of marketing. They do okay, because of the bull market and make stocks like Tesla skyrocket. During the next bear they usually all get burned and give up. Rinse repeat. This time is a little more pronounced because the virus is forcing a lot of people home on their computers. Results will be the same though.

[JonnyB1106]

No, what's driving it in the last 30 days is that it will most likely get added to the S&P500 soon.





Disclaimer: This Is Not Financial Advice

This is also true. Now add to the fact that they JUST did a 1:5 stock split and are building factories in Germany and Austin with more in the roadmap, its obvious why the stock is shooting to the moon. Now really analyze the company and the sector, and you’ll see why investors are jumping in on $TSLA like its candy. One last point I’d like to make is how everyone’s response to a new car buying question is always “buy a Tesla”. Now of course not everyone can afford or will buy a Tesla, but the fact that this option is on peoples minds speaks huge volume.

[AceRok]

Roll out of bed, check TSLA ticker

[phaginator]

Robin Hood!

I can fly!!

On a serious note, it actually is nothing but speculation. Every few years during a bull market a new crop of retail traders enters the mix because of marketing. They do okay, because of the bull market and make stocks like Tesla skyrocket. During the next bear they usually all get burned and give up. Rinse repeat. This time is a little more pronounced because the virus is forcing a lot of people home on their computers. Results will be the same though.

So far I've seen retail clients are still out of the stock market. Or things have changed fast this year, any source?

[smashedurgfx10]

Clown world

this is the answer to most things in 2020

and since 2012, for that matter

[ltsOgre]

There are fewer than 200 million shares out there. Compare that to Microsoft's 7.5 billion shares. Microsoft is more established but if Tesla is successful over the next 10 years, you'll make a lot of money. And things are starting to look promising hence the spike.

It could go down still, especially in the short term.

[Destor]

Gonna be a bloodbath when it comes down. Don't know when it'll happen, but it'll happen