Shares of Tesla hit a new all-time high on Monday, extending the stock's record run, as investors continue to pile into the Elon Musk-led company.
Tesla CEO Elon Musk poses on the red carpet as he arrives for the 43rd "Golden Steering Wheel" awards on November 12, 2019 in Berlin.hit a new all-time high on Monday, extending the stock's record run, as investors continue to pile into the Elon Musk-led company. And as the company's valuation climbs ever higher, speculation is growing that the company will soon join the S&P 500.
Investors now believe that the company could report a fourth straight quarter of GAAP profits when it posts second quarter results on July 22, meaning it could be considered for inclusion in the S&P 500.
As Tesla stock rises, look at what drives it. Every month $billions of 401K monies need a home, they go into the stock market, not because of any value, but they have to go somewhere. Remember the South Sea Bubble, that where we are now, time to panic!! YES.
TIMBERRRRRRRRR!! DROPPING LIKE A ROCK. NEGATIVE SHORTLY!!!
Watch this!
This is not going to end well is an understatement. Tesla
CC: markbspiegel to see outrage
think is they were a growth company to the moon
elonmusk would be cool to add all Sonic restaurants to the supercharger network 👀
This balloon is headed to the needle factory. Fun to see how big it gets, but yikes.
Robinhood kids are the heroes of this generation. 2000 dot com bubble was a trial run to see how stupid the working people are to watch .01% making trillions while they get crumbs but this bubble is permanent going to make kids who gamble billions
S&P 500 inclusion speculation has been the talk for weeks. FINALLY do you report it. Know how useless CNBC is? Not a single one of your 'traders'/'experts' mentioned it.
Musk is a huckster. This is going to end badly.
🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼
S&P 500 is an actively managed fund. They're rejecting $TSLA as they should.
How much money does tesla make last year?
The chart definitely looks sustainable
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