Sunday 30 August 2020

Tesla is still flying - just how high can it go

Tesla is still flying and it's exciting to see just how high it can go! Is this the new normal with all the money printing going on? Or is this is a bubble that we will inevitably retrace from? We take a look at our TSLA fair-valuation logarithmic regression band and our TSLA risk metric and see that we are more over-valued now (compared to the regression line) than we ever have been! With the TSLA stock split coming up soon, there certainly was a resurgence of interest in the price of TSLA. What do you think? Is TSLA heading to $3k? Or are we coming back down below $2k? TA Video by Benjamin Cowen.