Quote:
Originally Posted by KRS_SN
Tesla made a lot of people a lot of money(including musk)despite making little money itself. Having watched ozark etc I wonder if it's the mother of all shell companies. Anyways all this bluster doesn't mean anything.
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There's prolly a few ways to look at it:
(1.) Nobody's made a dime until they sell ... are they selling? Obviously not, and/or at least there are way more people coming in than leaving. If people are HODL for the long-haul TSLA has time to catch up, but that also means a single bad news day could seriously crater the stock
(2.) The buyers are largely driven by millennial retail investors (if you extrapolate robinhood data, etc) who've never seen a crash - they keep getting more people in, and putting in more. That could set up the crash if they're jittery, but if they HODL it could be a sign of stability.
(3.) If TSLA is getting a big chunk of younger investors investing in the future 20-40 years from now - AND assuming TSLA's R&D and product portfolio continues at the same rate - there's a legit argument it'll be one of the very few big investing opportunities of their lifetimes (e.g., a Ford, IBM, Amazon, Google, Microsoft, Berkshire Hathaway, et al): Millennials who bought in the teens and HODL will more/less be set for life compared to their peers.
(4.) TSLA is mostly traders and speculators - in this scenario a crash is highly likely.
Bottomline seems to be, it'll be ok if things continue as it seems they will ... but if there's some big shakeup (Musk dies, major product failure, et al) then hell's probably comin.
Net-Net: There is no model of successful investing stragtegy that says anyone should have a large position in this stock.