Tesla Stock $22k? Too Late to buy? What is going on with Tesla Stock?

Published: 17 February 2020
on channel: Stealth Wealth Investing
366
11

Tesla to $15,000? $22,000? Today you will get My thoughts on the Tesla run
Too Late to buy? What is going on with Tesla Stock? Office going crazy

PURELY FOR ENTERTAINMENT ONLY - NOT FINANCIAL ADVICE

Predictions and rumors

Ark investing predicts $15k but sells?

Google to buy at $1500 per share

Lots of predictions being made in a vacuum

Predictions are always made in a sterile environment and very static

Many things outside of Teslas control may stifle the march to $15k

Elections

War

Banks

Other countries

Recession, domestic or global

Usually when I see charts like this…………. It’s a cause for pause.

What factors drove that price?

Just announced a $2 Billion dollar stock issue

Should help with some of the funding for growth

Still not enough to fuel growth projections being put out there to get to $15k per share

I do think the company will thrive and is positioning itself for the long term, but I can apply the same multiples and analysis to many companies and too many other factors influence for those to hold true.

Please don’t buy it thinking it will go up 20 times in 10 years.

Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel.

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