Tesla’s trillion dollar valuation is fast approaching

The stock market humbles even the smartest among us. You have to be right on thesis and timing.

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Why are you keep saying this? You own AAPL and TSLA ! Already make tons! No need to be humble. Ok, I won’t pester you to give me a treat.

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Tesla’s $50 Billion Edge Reflects View That Musk Can Build on EV Lead

https://www.bloomberg.com/news/articles/2020-02-04/tesla-s-50-billion-edge-reflects-view-musk-can-build-on-ev-lead?srnd=premium

  • Market value advantage over top auto manufacturer VW expands

  • Lucid CEO sees Model 3 maker being in ‘preeminent position’

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This is nuts… anyone trimming at least or keep riding?

I sold for 100% gain long ago. Don’t remind me missing the mooning. Thanks :roll_eyes:

Looking from the perspective when I created the F10 index on the auspicious day of Aug 28, 2017, is not that nuts. AMZN and NFLX are both higher return, TSLA eclipses AAPL just few days ago.

F10 = FANG, ANT, BAT

Tesla will keep going up as long as Musk keeps his mouth shut. Their board needs to keep him muzzled. No more tweets should be his mantra.

Lol

Looks like Tesla is attracting all the global warming religious fanatics mad money. It will crash big time.

Maybe hit a $1,000 before it blows up.

Global warming fans have money.

I think TSLA would be the first company to hit $2T.

QCOM did same thing in 1999. Rose parabolically, and when it (QCOM) collapsed, entire market collapsed with it in two months.

Many stocks shot up parabolically during 1999 :slight_smile: I recalled CSCO lost 99% over a few days/weeks (can’t remember), @Jil should know. Bigwig AMZN did that too. If you think this is about to come, wait… 99% drop for super duper stocks are rare to come by. I lost a fortune too. INTC and MSFT hit ridiculously high price, MSFT have established new ATH but INTC is still below.

TSLA shot up so much because some option traders long huge amount of calls!

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Revenue barley beat Q4-2018. $7.384B vs $7.226B. Gross margin and operating margin were both worse. This is an amazing short squeeze.

They still haven’t proven that they aren’t a car company in terms of gross margin and operating margin. Their numbers align with the auto industry and aren’t those of a tech company.

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It will continue till most short throw in the towel, the last shot benefits. Ironically, it will rollover once they threw in, which validates their thesis. Basically, they are right but they won’t benefit. Irony in life.

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You’re not wrong. Using any reasonable valuation methods, the stock is extremely overvalued. It has become unhinged from fundamentals. But you said it best:

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Puny.

Current rally pales in comparison to 2013, approxly 8x :scream: It didn’t crash after that, just go sideways.
Millennials would keep piling on calls till Dumb Einhorn gives up or belly up.