why is tesla stock so high reddit 2021

They made a surprise profit in Q3 and the hype machine is rolling. In short be your own person.

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The company started off 2021 by reporting 499550 vehicle deliveries for 2020 just shy of its target of 500000.

. According to CNBC Tesla reported 1376 billion in revenue 150 million above Refinitiv expectations and about 57 more than the year before. TWTR -818 cant move forward until the company is clearer about how many of its accounts are fake. Even when Tesla reported its first annual profit and a 28 revenue increase for the year 2020 -- its best-ever financial result -- investors saw.

Shares of electric car maker Tesla TSLA -712 jumped on Monday. Lastly information cascades come into play. Teslas market cap is.

Will crash eventually just a matter of time. Despite traditionalists agreeing with Elon Musks tweet that Tesla stock price is too high imo investors continue to hop on the bandwagon due to the fear of missing out. So if Tesla starts selling as many cars as the other manufacturers and expands into selling battery tech solar and sharing tech with SpaceX they have far greater potential than any other car company Tesla employees work way more hours than other manufacturers and their passion is amazing.

Tesla is actually a phenomenon we have to talk. Teslas High Valuations Will Be Justified. This deal cannot move forward until he does he said.

Tesla has routinely turned to share issuances to raise billions for investment. Ive seen many youtube videos reddit posts articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25. The battery technology is the tip of the iceberg.

Elon Musk said his 44 billion bid for Twitter Inc. There is a hedge fund company that believed that the price of the GameStop may fall due to XYZ factors but they had only placed their positions. In a tweet early Tuesday Mr.

On Tuesday the stock kept going. TSLA is a very speculative stock with lots of optimism because of the nature of the business. By this logic Tesla is at the forefront of multiple industries and should be valued as such.

If so the price can rise further. And with a 45 billion market cap today Ford issuing 10 new shares would raise 45 billion up. CNBCs Jim Cramer expressed wonderment Monday at the continued strength in Tesla.

Net income of 162 billion was 388 more than. Answer 1 of 6. So lets list some of the top reasons why the electric vehicle EV stock has a great year ahead.

Tesla rose up to 23to a new high of around 960 per share before paring back gains somewhat and ending the day at 887 per share. Im tempted to sell my Tesla stock but I dont really understand why its attracting such a high price at the moment. EDT shares are up 45.

The email titled pause all hiring worldwide was sent to Tesla executives on Thursday. One is the usual meme momentum short term game with buy high sell low issues then the second is the buy low and slow and accumulate shares for the long game. Teslas stock trading initially halted then shares were highly volatile for weeks after the tweets.

SAN FRANCISCO June 2 Reuters - Tesla TSLAO chief executive Elon Musk said he had a super bad feeling about the economy and that the electric carmaker needed to cut staff by around 10 according to an internal email seen by Reuters. Im in that second camp but I have a good time with the first one also. There are two main plays going on with them.

The longer it takes the less people believe it will crash and the worse the fall will be - but it will crash. In October Teslas TSLA -018 stock price rose above the 1000 mark and its market capitalization zoomed past 1 trillion. So lets list some of the top reasons why the electric vehicle EV stock has a great year ahead.

The stock rose as much as 67 putting the shares at all-time highs. At its current price of roughly 840 per share the stock trades at around 155x consensus 2021 earnings and about 165x 2021 revenues. PLTR memes have simply been epic.

Teslas market cap also stands at about 3x that of Toyota. Musk said yesterday Twitters CEO publicly refused to show proof of. That interview that Elon did where he smoked the joint finally making the impact.

Nah Tesla is classic finance - stock bubble currently sitting in the euphoria phase. The shareholders are suing Tesla over money they lost after Musk tweeted in 2018 that he was considering taking his electric vehicle company private at 420 per share and said he had funding secured to do so. As of 1015 am.

The recent surge in price. Shares of Tesla continue to. As of 1015 am.

In order to counter it few retail investors by using social stated influenced people to.

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