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Tesla Inc (TSLA)

NASDAQ
Currency in USD
Disclaimer
162.13
+17.45(+12.06%)
Closed
After Hours
160.52-1.61(-0.99%)

TSLA Price Commentary

I keep reading conflicting views. Everyone keeps saying Tesla is over valued yet folks have lost the shirts off their backs over the past year or so betting against Tesla. Is this a sharp U turn and now the folks who are adding on the way down will lose their shirts? Elon has moved a hefty chunk of money and invested in Bitcoin which I assume is a hedge. He has had an unbelieveable ride and the shot to the sky has meant he has been able to pay debts and invest more capital into Tesla so you would expect the profits to start rising as he has not needed to use debt to invest? Wouldnt folks perceive rising profits as a good thing and not understanding how the value of a share is in anyway connected to the value of the company want a piece or a bigger piece of the pie causing Tesla to rise further? I sometimes find comments such as $1000 by 2022 or $300 by 2022 useless as no one states why.
shorts were not wrong, they just didn't time it right. yes people adding on the way down will lose their shirts and holders. tesla is a big bubble by all measures. it was fueled by greed and over optimism. it was going up so everyone was buying for easy fast money. also how people perceived Elon played the biggest rule in forming this bubble. he was perceived as a genius who is going to change the world. the miracle man just like theranos. we all know how this ended. People were buying for Elon not the real company. the company loses money on operation (earnings are from tax credits). yet it is valued more than all car manufacturers combined. at its peak. it would take around 1300 years of perfect earnings to catch up with the valuation. even adding high growth factor .. what? 500, 600 years? it was crazy. Still is with 900+ p/e
Excuse me... Can anyone lend me a shirt?
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