htngwilliam
Supremacy Member
- Joined
- Dec 31, 2004
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Market cui! All positive goes to negatives
Market cui! All positive goes to negatives
Electric car stocks may very well be in a bubble.*Tesla*(NASDAQ:TSLA)*stock has rocketed around 600% this year, pushing up the market capitalization of the Elon Musk-led automaker to roughly $540 billion. That's over 20 times annual sales and nearly 35 times book value. Tesla is now profitable, but*largely due to the sale of regulatory credits. Tesla's price-to-earnings ratio is so high it's not even worth mentioning.
Yes, Tesla does more than make cars. And yes, there's a cult following and intense loyalty surrounding the brand. But ultimately, Tesla is much more an automaker than a tech company. It's valued like Google when it should be valued more like*Ford.
There are other electric car stocks that have*defied reality this year*as well. Chinese electric car maker*NIO*is*now worth over $70 billion*despite delivering just over 12,000 cars in the third quarter.*Nikola*is still worth over $10 billion despite*accusations of fraud*and having no revenue at all. Shares of electric truck company*Workhorse*have shot up nearly 800% this year and are now worth over $3 billion, despite barely any revenue and a production target of just 1,800 vehicles for 2021.
If this isn't a bubble, then I don't know what is.
If you buy any of these EV stocks, there's a very good chance you're going to lose your shirt. Now, I could be wrong. Maybe, somehow, making cars electric will fundamentally change the economics of the capital intensive, cyclical, brutally competitive*automobile industry. But I seriously doubt it.
https://www.google.com/amp/s/www.fo.../29/the-only-electric-car-stock-worth-buying/
Does anyone have a trading plan of what to do on 21 Dec? Buy? Sell? Sell before 21 Dec?
If u see yahoo when they announce into s&p.. Share surge up.. Then down.. Then when included surge up again then down days later... Roller coaster ride. But that is yahoo.. The bubble bursted. But this is Tesla.. How and when burst nobody know. ..
One is apple one is orange
How to compare
Yahoo couldnt beat anyone
From search engine to advertisement
Tesla make EV
So far so good
Likely to dip abit then trade sideway again like last few mths
One is apple one is orange
How to compare
Yahoo couldnt beat anyone
From search engine to advertisement
Tesla make EV
So far so good
Likely to dip abit then trade sideway again like last few mths
At what price do u think it will consolidate at?
I think will trend sideways from high 400s to low 500s
Posted from PCWX using koizumi's cat gifs
so if jip now.. it will reach $700 in mid Dec and come back down to $600 ?

S&P Dow Jones Indices said it is seeking feedback from the investment community to determine if Tesla should be added all at once or in two separate pieces.
See if snp want add tesla one shot or part 1 or part 2
If got part 2 + q4 result
Can reach 700-800 then fall back down
I think drop to 600+ then trade sideway
Then ppl will keep spam 690.42 meme![]()
S&P Dow Jones Indices said it is seeking feedback from the investment community to determine if Tesla should be added all at once or in two separate pieces.
See if snp want add tesla one shot or part 1 or part 2
If got part 2 + q4 result
Can reach 700-800 then fall back down
I think drop to 600+ then trade sideway
Then ppl will keep spam 690.42 meme![]()
I got read or not.. Already said add in 1 part. 21st Dec..
it's confirm ONE time![]()
Oh ya just saw the news
No wonder tesla AM from 563 to 590 suddenly
Chiong arh!!