Please, can some explain it to me like I’m 5 why Tesla’s stock keeps going up? But seriously, with a PE of almost 1,100, why?

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“Bro, you don’t get it. Tesla is the future!!!! Elon is daddy! He’s a visionary and I would let him sleep with my wife! Tesla is just so different, all your standard financial rules don’t apply!”

likefunnyhelpful

Sounds like crypto v2020 😛

likefunny

Feels like a bubble, doesn’t it?

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Because 🐍🎷

likesmartfunny

Because everyone gets tendies with papa Elon. 🚀

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This is a great example of risk management and discipline when it comes to learning when to take profits. No need to completely stay away but also don’t risk more than you’re willing to lose. Then when you do choose to get out, if you make profit, be happy and don’t fomo chase if it keeps going up

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Upcoming split.... After Monday, it should start cooling off.
But then again, there might be another move up if they do get added to the S&P.

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It comes down to the belief in the vision and capabilities of their leader.

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Goes up because someone is willing to buy it. Continues because that person can sell it to someone else for the same reason.

I wish there was a reason related to the expected future profit of the company but there is not. Stonks only go up

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Here’s the QCOM chart from 1999-2000.

It went parabolic. The stock split and went up a bit more and then lost ~65% of its value over the next six months. This wasn’t some silly pre-profit website with sock puppet spokesman.

Tesla could do the same...

Post Photo
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I am actually concerned that the trigger for the sell off in September will be fund managers rebalancing their portfolios because of Tesla and AAPL.

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Ditto

You should all short it and make lots of money.

Don’t even think in dreams-I was caught short and lost good amount last month$$$$$

1 million mile battery

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