Since maxing out my retirement accounts, I'm building cash in my Vanguard taxable for a home purchase in 5-7 years.
With the recent TSLA split announcement, I figured why not play a bit with the thought that TSLA could mirror the action that AAPL has seen since its own split announcement.
Fully aware splits don't create any new equity, but here we are.
TSLA is the only individual stock I own since I much prefer broad funds.
That said, after a week since split was announced, I'm up over 34%. I thought $1,464 was so high already. I've never owned a stock with this type of volatility.
I test drove a Model 3 and loved it, but as someone who isn't closely following Elon and TSLA, do you actually think TSLA will ever match its fundamentals?
Do you think the recent run up is actually driven by Elon and TSLA's actions or purely because of the split announcement?
For the bulls, why do you think TSLA is justified at the current price?
Do any of you who closely follow TSLA feel like the stock is too reliant on Elon (and his antics) and not its core business enterprises?
Submitted August 20, 2020 at 08:49PM by 4pooling https://ift.tt/2YlbYsY
