Fact of the matter is that there's no inherent limit to speculation, except the fear of loss which occurs in bear markets. With years of unlimited free money ahead, we're in the first innings of what will be the greatest speculative mania of all time. An operationally troubled car manufacturer quadrupling in value to $300 billion over just four months? Obviously, whatever the ex-post-facto rationalization, it has nothing whatsoever to do with fundamental anything.
That said, TSLA is a clear bull market leader and it wouldn't surprise me to see $5,000 a share before all's said and done - maybe even higher. How much of that value is ultimately retained depends on how much investor capital Elon is able to raise and burn in order to buy market share.
That said, TSLA is a clear bull market leader and it wouldn't surprise me to see $5,000 a share before all's said and done - maybe even higher. How much of that value is ultimately retained depends on how much investor capital Elon is able to raise and burn in order to buy market share.
