Someone who's invested in Tesla stock is like someone who's jumped off a hi-rise building. If you ask him how he's doing at around the 30th floor he'll say he's doing pretty good. But yet, you know he's about to get splattered in the very near future.
Tesla, like Netflix, has been valued as a tech company and not like their peers in their industry. Netflix is currently going through a stock price revaluation as the reality finally sets in to their investors that they are really just an entertainment and distribution company. That same type of revaluation is coming to Tesla sooner or later. .
Why do I say this? Because now even Musk is dumping Tesla stock. And the current stock price bump, which just so happens to coincide with Musk needing to sell his stock is right on schedule.
It's speculated by many that Musk is somehow involved with illegal stock price manipulation behind the scenes. That speculation only got louder after the fall of Archegos which is now known to be involved with price manipulation via the options market. And Archegos was a close ally to Cathie Wood's ARKK fund which is knee deep in Tesla.
Follow Musk's example. Get out of Tesla stock while you can. The government crack down is coming for their self driving software. And if it goes, so does the stock price.
Tesla, like Netflix, has been valued as a tech company and not like their peers in their industry. Netflix is currently going through a stock price revaluation as the reality finally sets in to their investors that they are really just an entertainment and distribution company. That same type of revaluation is coming to Tesla sooner or later. .
Why do I say this? Because now even Musk is dumping Tesla stock. And the current stock price bump, which just so happens to coincide with Musk needing to sell his stock is right on schedule.
It's speculated by many that Musk is somehow involved with illegal stock price manipulation behind the scenes. That speculation only got louder after the fall of Archegos which is now known to be involved with price manipulation via the options market. And Archegos was a close ally to Cathie Wood's ARKK fund which is knee deep in Tesla.
Follow Musk's example. Get out of Tesla stock while you can. The government crack down is coming for their self driving software. And if it goes, so does the stock price.
RSS Feed