Step aside Boyle

[Mikey P]

Elon is now #1

Elon Musk is now the richest person in the world, passing Jeff Bezos

Thursday's increase in Tesla's share price pushed Musk past Jeff Bezos, who had been the richest person since 2017 and is currently worth about $184 billion.

www.cnbc.com

 

[Lee Stockwell]

Tesla bubble

 

[KevinD]

P/E ratio today 1,743.32 and up another 8%

 

[Papa John]

Humpty Dumpty will have a great fall.
Tesla isn't the only company selling EVs
Amazon has very little real competition.

 

[FB7777]

Tesla bubble

To put it into perspective , if Tesla was valued with an equivalent Price/Earnings ratio to Apple ,

TSLA would be trading at $20


it’s been a bubble since $200


there is absolutely no possible way Tesla catches up to this valuation ....


but it likely will hit $1000 before it retraces $500

 

[The Great Oz]

Bezos gave 35 billion to his ex or it wouldn't be close.

Want to find out how these guys compare to your income? Billionaire comparison calculator

 

[roro]

there is absolutely no possible way Tesla catches up to this valuation ....
but it likely will hit $1000 before it retraces $500

So will you sell at $1K and buy back in at 500, or just ride the next wave as it surges beyond 1K??

 

[FB7777]

So will you sell at $1K and buy back in at 500, or just ride the next wave as it surges beyond 1K??

I didn’t buy it at $200

ain’t touching it at $870

congrats to those that rode and are still riding that runaway train

Apple gives me enough of a volatile thrill.... and they have actual earnings and free cash flow

 

[Brian H]

My step-son bought a few bit coins a fee years ago when they were around $300 or so. About a year ago they were going for $6000 or so. I looked this morning and they are selling for over $40,000.

 

[FB7777]

Bitcoin is another phenomenon... like Tesla


it’s valuation is pixie dust .... stuck together with chewing gum

 

[Brian H]

Bitcoin is another phenomenon... like Tesla


it’s valuation is pixie dust .... stuck together with chewing gum

And this morning it is back below $35,000 and falling like a stone.