Sunday, February 23, 2020

Tesla (TSLA $901) UP 60% since January 28 Post

Tesla has been on one heck of a ride since this post.
The parabolic rise was kicked off with a great earnings report at the end of January. The report was followed by frenzied media coverage, fanatic retail investor buying, some justifying analyst commentary, more media, more interviews, a little short covering and a $2 billion stock offering. The stock sits at $901 and it's valuation is unmistakably rich but the potential for the next 10 years is high as well. I certainly don't advocate buying it here but there has been great money made over the last 26 days.

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