3 ms·
I agree it's a meme stock now, but it wasn't always a meme stock. There was a time where it was severely undervalued and that's when I bought. I did not hold it
by 3pt14159 5y ago
I agree it's a meme stock now, but it wasn't always a meme stock. There was a time where it was severely undervalued and that's when I bought. I did not hold it all the way to the top. I sold it way before then.
- Aunche 5y agoIn retrospect, Tesla was undervalued, but this wasn't a guarantee. Elon is a loose cannon with a history of overpromising to the extent of borderline lying. This got him in trouble with the SEC (funding secured), and he lost his board chair position and could have been ousted as CEO. In hindsight, the SEC obviously wouldn't screw over the fastest growing American company for a dumb meme tweet, but this isn't something people knew at the time.
- onlyrealcuzzo 5y agoFastest growing in what way? Tesla is hardly growing profits or revenues at the rate of Google and Apple. And their profits are already 50-100x bigger... It's only fastest growing in asset price.