/biz/ - Business & Finance

because I sold

>>21548224
Jews short squeezing other jews and retail fomo defying all sensible logic.
They are priced in for like a century at this point, it is retarded.

>>21548224
no, this is a crypto board

>>21548224
Electric engine go brrrr

>>21548224
Can someone explain why my not-a-flamethrowers haven't 10xd yet?

>>21548224
because I just bought

>>21548224

No fucking clue, but is it worth buying some shares after the stock split reduces the price per share at the end of the month?

Cucks here said not to invest when it was well under a thousand, it would crash by summer, but so far the opposite is happening.

>>21548515
they are also saying not to invest in link, fudding it left and right; you know what to do.

>>21548382
no it does not go brrrr you fucking retard that's the whole point

>>21548224
I don't know.
Right now I only own a truck.
I want me next car to be a Tesla just to save on gas.
Probably many other people thinking the same.

>>21548382
Haha

>>21548295
Nigger any stock that moves like this may as well be crypto. The sooner your dumbass can see that the sooner you'll be making money to piss on whatever you want.

>>21548224
Serious Answer:
Stocks are valued based on their current value but also their future value. People are betting that Tesla will be worth $3,000 in a few years.
>when the cost of money is lower (or, effectively zero) as it is today, these things become more highly valued by investors than physical assets are because they are weapons that corporations can use to nullify the moats and assets of the incumbent corporations that they are competing with for customers, revenue and market share.
Tesla will continue to drink Ford's milkshake for the forseeable future.
https://thereformedbroker.com/2019/06/13/when-everything-that-counts-cant-be-counted/

>>21548224
musk smoked weed with rogan and fucked johnny depp's ex then he tweeted about manipulating the stock price and supported trump and kanye and changed his avatar to anime and deus ex

>>21548382
>wrrrr

>>21548224
>memes
>government
>okay/10 company
Still mega inflated though.

>>21548224
Pumped by reddit and zoomers. Every american kiddo has a robinhood account and they all jumped on Tesla.

Because Elon Musk is an autist and people are realizing that autists will be ruling the world.

>>21548275
>priced in
Is that what you call "CIA black money pouring into a front"? I mean, that describes basically everything now anyway, but still.

>>21548982
There's no way this pump came from retail alone, let alone zoomers with no money.

>>21548224
Rich silicon valley fanboys have to put their money somewhere. It's ridiculous. It's not even the most popular EV in Europe. It will soon fall out of top 5. P/E close to infinity with absolutely awful balance sheet.

>interest rates are non existent
>credit is everywhere and easy af to get
>bonds are shit because yields are shit because rates are non existent
>most equities are shit because they were already overvalued, and pandemic crashed their value and future growth prospects
>tech is also super overvalued, but it is pretty much the only sector that is making money and growing during pandemic outside of pharma so everyone is dogpiling into tech
>record shorts that constantly need to cover because they are getting their shit pounded in

Keep in mind that tesla basically makes no money (vast majority of their revenue is from carbon credits) and no cars (compared to any other manufacturer), but they are still the 15th most valuable company in the world.

>>21548224
normies

>>21548224
Autonomous rocket ship launching with AI software

Robinhood's gamified trading platform. Thats all there is to it. A ton of money flowed in to the stock market when accessing the stock market became as easy as downloading an app.

>>21548382
can't even meme this shit, it's all a massive psyop