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Tesla stock explodes higher again, topping $900 per share

finance.yahoo.com

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Re: Tesla stock explodes higher again, topping $900 per share

#21

Post by xsmasher »

spectramax wrote: post #12
WheelsAtLarge wrote: post #9

This is a short squeeze. The people that shorted the stock are buying the stock to close their position and forcing the stock up. This has happened with Tesla before. The stock went from the 40s to over 100 in a very short time and never looked back. The stock will find a top and collapse a bit. But the stock price will end up higher than when it started the run. Those that shorted the stock before the run will never…

Would it be worth shorting Tesla now at $900?

“The market can stay irrational longer than you can stay solvent.”

Re: Tesla stock explodes higher again, topping $900 per share

#22

Post by johnmorrison »

alecmg wrote: post #5
nickik wrote: post #4

Fantastic. While I don't care about cars, Elon Musk getting richer will be good for space exploration.

So far he didn't do much space exploration, more like space littering

If you think space is something that can be littered you might be conflating space with Low Earth Orbit.

The space in the solar system alone is literally quadrillions of times the volume of the entire Earth.

Re: Tesla stock explodes higher again, topping $900 per share

#23

Post by nickik »

alecmg wrote: post #5
nickik wrote: post #4

Fantastic. While I don't care about cars, Elon Musk getting richer will be good for space exploration.

So far he didn't do much space exploration, more like space littering

Your comment is so utterly embarrassing and uninformed that I don't have to take it seriously. Think about your life.

Re: Tesla stock explodes higher again, topping $900 per share

#25

Post by vikramkr »

spectramax wrote: post #14
blueadept111 wrote: post #13

Earlier quoted context omitted.

Good luck sleeping at night

Why not? If this is a short squeeze, wouldn't there be a balancing market incentives to short the short squeeze?

Yes. And there might be even larger forces like people seeing Tesla going up and just wanting to buy buy buy that throws off the balance again and keeps it moving up. So you can short it, and you might be right that the stock will crash within a few months, but Tesla likely isn't cheap to short, and if the price rises up in the meantime to the point that you can't afford the collateral to short anymore, you might find yourself desperately trying to buy back your shares to close your position to avoid bankruptcy and in the midst of another squeeze.

Re: Tesla stock explodes higher again, topping $900 per share

#26

Post by petre »

silveraxe93 wrote: post #17

Boris Johnson just announced a ban on petrol and diesel car sales. Probably related to that? https://www.bbc.co.uk/news/science-environment-51366123

Yes, 15 years from now. A lot can change in 15 years: governments, prime ministers, countries, borders.

I don't think so. Tesla started to deliver on Musk's promises.

Re: Tesla stock explodes higher again, topping $900 per share

#27

Post by NotSammyHagar »

WheelsAtLarge wrote: post #15
spectramax wrote: post #12

Earlier quoted context omitted.

Would it be worth shorting Tesla now at $900?

No way to know. $900 seems high but people though $40 was high too a few years ago. No one knows until it's over.

At $40 it was a question of valuation. At $900 it's overvalued, 98% of even tesla owners (like me) would agree.

They have a fantastic future, their technology is world leading. The company even seems to be thriving. Remember the real goal is pull the other auto companies along in their wake to make more sustainable electric cars. They actually seem to be doing it. Let's see how it seems in another few years when every company has serious custom designed electric cars (instead of much less viable converted gas cars with transmission tunnels running down the car.

I love my tesla but the more important thing is converting the world to electric cars - it will take years and needs lots of work to get there (more range, faster charging, way more chargers). But we'll get there.

Re: Tesla stock explodes higher again, topping $900 per share

#29

Post by thorwasdfasdf »

elisharobinson wrote: post #18

if your the market leader without competition on a large addressable market your valuation can essentially be infinite. But most stock trades are being driven now by low interest rates once interest rates become more sensible , we should see more sanity. but thats only half the story, low interest rates just create insane price pressure , there can be lot of +/- ve price pressure. The people on wall street have concl…

but, will interest rates ever become more reasonable again? the US fed and the feds across the world seem to be hell-bent on creating very high inflation. even now that we've had 2.1 and 2.4% inflation, apparrently that's not high enough even though they're supposed to keep it at 2.

Re: Tesla stock explodes higher again, topping $900 per share

#30

Post by elsurudo »

derivagral wrote: post #19
WheelsAtLarge wrote: post #9

This is a short squeeze. The people that shorted the stock are buying the stock to close their position and forcing the stock up. This has happened with Tesla before. The stock went from the 40s to over 100 in a very short time and never looked back. The stock will find a top and collapse a bit. But the stock price will end up higher than when it started the run. Those that shorted the stock before the run will never…

As someone who was looking into the stock somewhat seriously way back then, I'll offer an alternative story. That was their first "profitable" quarter, for which they cashed in a bunch of single-use accounting gimmicks. The part that taught me the most at the time was that they then rapidly leveraged that huge rise to issue debt/equity at the new valuation. That cash infusion all but cemented what otherwise would've…

Fascinating. Where can I read more such analysis? About TSLA, but also just in general.
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