What determines Tesla's share price is not Musk's cash, but when the Fed decides to raise interest rates. As long as the Fed delays raising interest rates, Tesla's share price will continue to rise with the S&P 500 index. Perhaps, Tesla's market value will reach 2 trillion dollars next year. After all, Tesla is the best company in the world, has taken the global car industry to the Evra.
These shooters are very consistent. They want to make quick $$$. Got to keep the ground up. It won’t even break $1110. Unless, it’s all pre market and it could go on either way.
I’ve seen to many well executed short squeezes orchestrated by TSLA’s in house trading team. Elon has mastered the short squeeze nearly to the point of violating “insider trading laws. For some reason the SEC is easy on TSLA. In any event I won’t sell TSLA short regardless of dire straits, financially.
It seems TSLA investors are a little touchy about anyone calling the stock price overvalued. They’ve forgotten the old saying; never fall in love with a stock. They actually believe TSLA stock is not only fairly valued but going higher.
Tesla not as far ahead as I thought... At least not as a longer-term sustainable advantage. That is my concern now. The technology is seemingly less proprietary giving advantage to the legacy automakers to ramp up faster than anticipated.
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