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Tesla is wild...

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WVUCOOPER

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https://www.cnbc.com/2020/02/04/tesla-is-becoming-a-one-stock-mania.html


But Jonas did highlight that “there were 4 different auto company Super Bowl ads featuring electric vehicles” over the weekend. He noted that about 98% of the vehicles produced in the world have internal combustion engines (ICE) — a fact that may be quickly changing.

“Is it just us or is Tesla’s market cap coinciding with bigger forces driving the end of the ICE Age?” Jonas asked.
 
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WVUCOOPER

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moe said:
Beware of bubbles, it's the Beyond Meat of 2020.
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.........no.

To be clear, I have not bought any additional shares in this run up.


BTW - Beyond meat was up nearly 50% in January 2020 :grimace::sunglasses::sunglasses:
 
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WVUCOOPER

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moe said:
In 2019 Beyond Meat's stock price went from $46 to $235 in a little over 3 months. Tesla has gone from $231 to $948 in 5 months. Similar runups. Beyond returned to mid 70s before going back to 110. Should be interesting to see how Tesla does going forward.
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Really depends on the investor, the investment, etc. I think it's a terrible short to medium term investment, yet it might be an absolute steal long term. Electric cars aren't going away. The ICE might. Does that mean Tesla will remain dominant? There's the decision.

Beyond Meat was always garbage imo. Interesting that they were able to turn that buzz into some long term deals, but I'm still not sold on that long term.
 
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WVUCOOPER

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wvu2007 said:
Absolutely.
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It's just unfathomable to me that the company seemed on the verge of being in serious trouble last June (debt, SEC investigation of key man, major public lawsuit against key man, $180 a share) is now the most valuable car company in US history ($750-$800 a share).

I'd say the American Dream is alive and well.

Suck our dicks, world.
 
Airport

Airport

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WVUCOOPER said:
It's just unfathomable to me that the company seemed on the verge of being in serious trouble last June (debt, SEC investigation of key man, major public lawsuit against key man, $180 a share) is now the most valuable car company in US history ($750-$800 a share).

I'd say the American Dream is alive and well.

Suck our dicks, world.
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What are their sells world wide compared to other companies?
 
Airport

Airport

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WVUCOOPER said:
Do you means sales? Actual or projected? Do your own research, gramps.
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When you look they show EV sales only. Just trying to figure out if they are selling more total cars worldwide than GM, Ford etc.
 
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WVUCOOPER

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Airport said:
When you look they show EV sales only. Just trying to figure out if they are selling more total cars worldwide than GM, Ford etc.
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And you can't figure it out? lol. Typical Trumper.

More likely you are trying to make what you consider a point, even though it has literally nothing to do with this thread. I'm sure there's an episode of Mayberry you can watch to better spend your time.
 
Airport

Airport

All-American
Dec 12, 2001
86,363
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WVUCOOPER said:
And you can't figure it out? lol. Typical Trumper.

More likely you are trying to make what you consider a point, even though it has literally nothing to do with this thread. I'm sure there's an episode of Mayberry you can watch to better spend your time.
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Never watch Mayberry, too fast pace for me.
 
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WVUCOOPER

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Damn millennials driving up price.

The electric automaker passed Apple as the top holding on SoFi’s investing platform in late January, and by this week was significantly ahead, according to the company. Tesla was the top stock purchased on SoFi in the past six trading days.


Traders on SoFi Invest — a stock and ETF investing platform used mostly by millennials age 25 to 40* — bought 20 times the amount of Tesla stock this week relative to history. On Wednesday, Tesla represented the largest dollar amount of securities bought and sold in the platform’s history.


*Wait under 40 is considered millennial? TF??
 
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