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/biz/ - Business & Finance

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20152658 No.20152658 [Reply] [Original]

Why is this shit so high?

>> No.20152710

>>20152658
>why is the company that makes objectively the best non-luxury cars in the world so high

>> No.20153039

The market is on an acid trip right now.

>> No.20153109

>>20152658
liquidity

>> No.20153132
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20153132

You want the truth? OK here:

>> No.20153142

>>20152658
It is actually undervalued. Believe it or not.

>> No.20153164

>>20152658
I saw a Tesla coupe this week.
Looked sexy in blue.

>> No.20153260

>>20152658
Honestly I don’t know if it’s the Baader Meinhof effect or if it’s reality but I am seeing a shit ton of Teslas on the road.
It almost makes me wanna buy shares... almost.

>> No.20153265

>>20152658
The short, psychological answer is because it could get listed on the S&P 500 if it profits this quarter and people wanna sell to index funds.
The narrative is pretty compelling though:
>Best batteries on the market
>Electric semi monopoly incoming
>Overall king of a brand new market
>Only missed deliveries by 3% in a super tough quarter
>Cheaper models and rising Chinese demand playing strongly to its favor
>Automation pioneer, building new factories
Tesla is Samuel Colt, Bell Labs, and Henry Ford Sr rolled into one

>> No.20153275

>>20153132
Fuck off back to TikTok you no dick Mexican, throwing around that communist horse shit.
IT'S A FREE MARKET!

>> No.20153311

>>20152658
Q2 earnings report in 2 weeks + they've sold way more than expected

>> No.20153327
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20153327

Cos its CEO is high

>> No.20153550

>>20152658
>>20152710
Think of them as a revolutionary tech company. Not just a car company. Then the market valuation starts to make a little bit more sense.

>> No.20153583

worth owning 1 share?

>> No.20153727

Because in the future, it'll be over 2000