Elon is a teaser. Nobody buying TSLA can claim that they are not privy to his antics or news. After all, he is the ‘Iron Man’ in real life.Fundamentals of company is promising but currently overvalued. Do we not buy into a company’s potential? He sold his shares to own more of his company. Do you think he is quitting? Price fluctuations are expected as speculators flock to it while investors fret with anticipation. Question is when the dust is settled, are you in or out?If EV is the future, where should you position yourself? Can you stomach the volatility and reap the long-term benefits? Do your DD and decide. Ask oneself instead of others’ opinion. Speculators trade on news/rumours but investors buy into the business based on result outcomes. Choose you
Musk has sold 70.18% of Tesla shares promised to bear
Did anyone ask what IRA did with the amount of taxes collected from Elon? When he managed his personal holdings based on his compensation package, people accused him of insider trading. What he did have benefitted the Govt coffers directly and eventually the US people indirectly. He never abandons the company but did the right thing as any business owner would do. Exercise his options to own his company more. Genius!
How Elon Musk sold 10 million Tesla shares and increased his Tesla holdings
I see a monopoly of creation tools that will keep Nvidia on the perch over most of the chip makersin a long while. Diversity of capabilities and ability to innovate will set Nvidia above the rest with wider moat for not many to breach.
NVIDIA shares rose more than 3% in premarket trading