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Tesla rises 8% as breakneck rally enters 11th day and leaves famous investors split
Business Insider ^ | January 8, 2021 | Ben Winck

Posted on 01/08/2021 9:29:10 AM PST by SunkenCiv

Tesla's momentum and back-to-back record highs have divided some of the world's most famous investors. Billionaire venture capitalist Chamath Palihapitiya praised the stock's gains in a Thursday appearance on CNBC, telling investors the stock could be worth three times its already lofty valuation.

"Don't sell a share," he added.

Hedge fund manager Michael Burry - whose bet against the housing market was depicted in the novel and 2015 film "The Big Short" - aired his contrasting opinion Thursday night. The investor tweeted that, like his famous 2008 gambit, his short position in Tesla stands to print huge gains.

"Well, my last Big Short got bigger and bigger and BIGGER too," he said, adding bullish investors should "enjoy it while it lasts."

Wall Street analysts, on the other hand, have increasingly abandoned bearish outlooks and turned more optimistic toward Tesla. Morgan Stanley lifted its price target for the automaker to $810 on Tuesday, saying strong demand and new factories will keep Tesla far ahead of competitors in the electric vehicle sector.

RBC Capital gave up on its own bearish bet on Thursday, boosting its own target to $700 from $339 and upgrading Tesla to "sector perform" from "underperform." The firm's analysts admitted they didn't expect Tesla to leverage its soaring stock price to raise funds last year.

"There is no graceful way to put this other than to say we got TSLA's stock completely wrong," RBC said.

(Excerpt) Read more at markets.businessinsider.com ...


TOPICS: Business/Economy; Computers/Internet; Travel
KEYWORDS: adamjonas; autonomousvehicles; benwinck; bofa; chamathpalihapitiya; chrismcnally; colinrusch; danives; elonmusk; everclear; evercore; ivankatrump; josephspak; lidar; michaelburry; morganstanley; oppenheimer; rbccapital; redpill; researchaffiliates; robarnott; ronbaron; signal; tesla; thebigshort; tulipmania; twitter; wedbush
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To: SunkenCiv
I am beginning to wonder what the endgame is for the "Mad genius".

He has been the darling of the left for a long long time. Now suddenly at the top of his game and amid dazzling successes he is moving his operations to Texas, is pushing his free speech alternatives to big tech, and will soon have Starlink available to give people a full alternative to the big tech communist takeover.

One has to wonder if his eyes have been opened by the heavy handiness of the communists or if he has been playing the long game all along.

21 posted on 01/11/2021 7:33:23 AM PST by commish (Freedom tastes Sweetest to those who have fought to preserve it!)
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To: commish

https://freerepublic.com/tag/redpill/index


22 posted on 01/11/2021 7:48:16 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

Dementia Joe is soon going to dump 3-4 trillion into the velocity.

The market is your only hedge against inflation.


23 posted on 01/11/2021 8:03:58 AM PST by eyedigress (Trump is my President!)
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To: eyedigress

Always.


24 posted on 01/11/2021 8:12:48 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

Hey Elon is the man those genius types are a little off but his stock is going to 1000 dollars plus


25 posted on 01/11/2021 10:13:41 AM PST by Lod881019
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To: Lod881019

Maybe not today. :^)


26 posted on 01/11/2021 10:46:29 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Lod881019

from last year, prior to the 5:1 split:

Bank of America upgrades Tesla and sees 8% upside over the next year after more than doubling price target (TSLA)
Business Insider | 08-14
Bank of America on Friday upgraded Tesla to ‘neutral’ from ‘underperform’ and raised its price target to $1,750 from $800.
https://www.newsbreak.com/news/2040917420824/bank-of-america-upgrades-tesla-and-sees-8-upside-over-the-next-year-after-more-than-doubling-price-target-tsla


27 posted on 01/11/2021 12:33:47 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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adjusted close at 330.14 on August 14 (pre-split 1650.70).


28 posted on 01/11/2021 12:36:12 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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People DELETING WhatsApp, Switching to Signal
298,653 views
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LaterClips
https://www.youtube.com/watch?v=nKiptYXoAmM


29 posted on 01/11/2021 1:49:18 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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Why Elon Musk Sleeps at Tesla’s Factories
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Jan 7, 2021
Newsthink
https://www.youtube.com/watch?v=AVS2YMSAC70


30 posted on 01/11/2021 1:52:03 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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Signal - the most secure messenger for everyone
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31 posted on 01/11/2021 1:55:55 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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Elon Musk’s Daily Schedule
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Luxury Zone
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Elon Musk ‘I Don’t Give A Damn About Your Degree’
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Dr. Infographics
https://www.youtube.com/watch?v=CQbKctnnA-Y


32 posted on 01/11/2021 1:57:30 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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lots of chaff in this guy’s vids

Toyota’s Ridiculous “Plan” To Outsell Tesla (Goodbye EVs?...)
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Casgains Academy
https://www.youtube.com/watch?v=8-dCteLIafE

Jeff Bezos’s Absurd Plan To Crush Tesla [”Jeff who?” — Elon Musk]
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Casgains Academy
https://www.youtube.com/watch?v=M7Cout2D1mQ

Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Largest Auto OEM in America
Hindenburg Research | September 10, 2020 | Hindenburg Research
Posted on 9/20/2020, 11:55:28 PM by SunkenCiv
https://www.freerepublic.com/focus/news/3886067/posts


33 posted on 01/11/2021 2:03:39 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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Elon Musk Most Shocking 2021 Predictions - And Tesla Share Price Prediction
1,082,868 views
Dec 29, 2020
https://www.youtube.com/watch?v=hKUOkiKHD8U


34 posted on 01/11/2021 2:05:01 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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BREAK OUT OF THIS LOOP - Elon Musk On The Joe Rogan Show | Create Quantum Wealth 2020
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Premiered May 9, 2020
Create Quantum Wealth
https://www.youtube.com/watch?v=xE8eOpfZ_4g


35 posted on 01/11/2021 2:11:34 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

811.19 -68.83 -7.82% on monday.
It was $880 on friday.
After hours: 817.50 +6.31 (0.78%)


36 posted on 01/11/2021 8:03:08 PM PST by minnesota_bound (I need more money. )
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To: minnesota_bound

Back up to $862 or so.
I bought today and will hope and hope it is a repeat of the August runup to a 5-1 stock split!


37 posted on 01/12/2021 7:40:05 AM PST by minnesota_bound (I need more money. )
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To: minnesota_bound

Yup, and it’s only up $42.94 today. :^)


38 posted on 01/12/2021 9:11:53 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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Better Buy: Tesla vs. General Motors
GM is behind Tesla in EVs, but may be catching up quickly.
Travis Hoium (TMFFlushDraw)
Jan 22, 2021 at 7:05AM
https://www.fool.com/investing/2021/01/22/better-buy-tesla-vs-general-motors/


39 posted on 01/22/2021 5:51:22 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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TSLA’s recent partnering with Tata Motors in India doesn’t (as I first thought) suggest one of those shock-and-awe plant constructions for autos. India’s poor, weather is hot, lots of demand for electric two-wheelers. Just read that somewhere, beats me, can’t find it now.

GM warns Indian state’s move to block its exit could hit investment
Ben Klayman and Aditi Shah
Fri, January 22, 2021, 9:15 AM
2 min read
https://finance.yahoo.com/news/gm-warns-indian-states-move-141501350.html


40 posted on 01/22/2021 6:56:24 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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