Hi Friends,
Tesla stock was up another 9.5% today - unbelievable! Seems like just yesterday that Musk was getting in trouble with the SEC for the buyout at $420 tweet, and that was a big premium to where it was trading then!
Seems like Musk has two "space" companies since Tesla has now done a moonshot!
I am a numbers person and the valuation does not make sense - there is no way I would buy any at this point, but its still impressive any holders deserve to be rewarded. Tesla has an earnings release coming up, which will likely move the stock much higher or lower - seems like Telsa has been beating lately so I would expect a beat. However, even a beat may not be able to keep this crazy momentum up.... we shall see!
What is your opinion of Tesla's stock?
Brian