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Re: Tesla thru the roof post# 25742

Sunday, 05/17/2020 12:55:33 PM

Sunday, May 17, 2020 12:55:33 PM

Post# of 86346
Lol yeah, if the stock price tanked that would 100000% impact future capex projects, especially an expensive risky move to a new state. You can easily make the case the stock price has impact on some descions that are made in a emerging company. They only have so much cash flow, they need to issue debt and those debts have obligations.....I sometimes forget that most traders just like stonks cause they are like the casino,

TSLA is an amazing company and great leader in innovation but definitely overvalued in my eyes right bow, especially where market conditions are headed,

So to the person's point who was correct, yes $TSLA stock will go down if the market does, just look at where it was when the SPY hit it's low on March 23rd....Tesla was almost half where it is now...it has a BETA of 1.15, sheesh do some research!

Everything is in my own opinion. Do what you think is right.

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