vendredi 3 juillet 2020

TESLA stock performance and bubble thoughts

All right, here are a coupe of questions around the TESLA stock.

  • Is TESLA stock a bubble? Imho, the bubble in TESLA stock is huge! 
  • Can it go even higher? Of course it can.
  • How much higher? I have absolutely no idea nor does anyone else.

If you look at this CNBC article, you can see that in 2020 TESLA stock is the best performer among the darlings of WallStreet (Amazon, Netflix, etc. - some of those flying in spectacular bubble levels already). 



Since its IPO 10 years ago, the stock is up more than 4000%.
Apple stock is shy in comparison...

Some more questions though...

  • Should you speculate in TESLA stock at these levels, is it a good buy for long term now, etc.? I have absolutely no idea. 
  • Who's buying the TESLA stock today? What investor profiles are speculating here? Why pushing like there is no tomorrow? Those are interesting questions and it can be funny to find some answers... 
  • Can you make money speculation around the TESLA stock? This is an interesting one and probably there will be volatility around it (up/down). So I would say yes, condition being you know how to trade?

My goal is to follow this stock in the coming months and years as I find the speculation around it absolutely amazing.


TeslaStock watcher

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