About 3 analysts this morning alone are making big valuation calls on Tesla. I have seen this before where a stock is loved and then all of the sudden the analysts seem to start ganging up on a stock and bring it down.
About 3 analysts this morning alone are making big valuation calls on Tesla. I have seen this before where a stock is loved and then all of the sudden the analysts seem to start ganging up on a stock and bring it down.
TSLA's been amazing.
It burns cash... makes zero profits(?) And besides, their cars are poor quality and even dangerous.
Yet has gone up what, 500% since March?
(I know... 0-60 in 2.6 seconds.)
My prediction. TSLA will spike up $200-$300 after earnings, then face plant down $500-$600 from the high water mark during trading tomorrow.
I think we have come to the point where we know 0-60 in 2 to 3 seconds in 2020 isn't anything fascinating...
I think we should be in awe... pushing the bounds of inertia, accelleration, traction. I've never ridden in a Tesla, but I rode in a 3.5 sec 0-60 Porsche once... slammed me back into my seat like a rocket sled (sort of)!