FILE - In this Feb. 2, 2020, file photo, the company logo shines on the grille of an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year. (AP Photo/David Zalubowski, File)
business

Tesla stock is soaring. Madness or visionary investing?

5 Comments
By TOM KRISHER and CATHY BUSSEWITZ

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

©2020 GPlusMedia Inc.


5 Comments
Login to comment

It has come far back down to the $700's now but my guess is it's only temporary. Some bulls were laughed at for setting a target price of $4k on the stock by the shorters, well they're not laughing now.

The untapped potential here is vast as long as Tesla can stay focused and stay away from drama. Their products give you the ability to ditch the gas station, (almost) ditch the main power grid and transport yourself around comfortably and emission free. Independence in energy, especially in regions where brownouts are common due to a lackluster power grid and extreme weather, is becoming more and more important. Not to mention that their tech is constantly improving.

I drive a Model S back home and it's by far without any exception not only the best the car I've ever driven but also probably the best thing and my most favorite thing I've ever bought. Driving it is a joy, and I can't wait to see what they do next.

It'd be a fools gambit to bet against them at this point.

4 ( +4 / -0 )

I have no car now but I would give a Tesla a shot.

1 ( +2 / -1 )

It seemed to get frightened just before a thousand, but Amazon and others have two thousand american dollar shares so the next rally I predict it will go over to $1500.

Model 3 very popular here in Australia, my car is a Prius, but next car, electric Tesla for sure !

2 ( +2 / -0 )

The cars are ok but Tesla’s true value is in its battery research.

0 ( +0 / -0 )

The market is rarely wrong. The amount of pure short-talk surrounding TESLA over the past 2 years or so was crazy. I believe that it was part of a concerted effort by big oil and their cohorts to impede Tesla at any level.

Interestingly, those short posters on message boards are nowhere to be seen now.

A very interesting stock which may just go a lot, lot higher. We will see.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites