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And it is up 2% for the week, but down 3% for the month, and up 22% for the last 6 months. Tesla is a volatile stock, in part because it is quite speculative.
by bhouston 3y ago
And it is up 2% for the week, but down 3% for the month, and up 22% for the last 6 months.
Tesla is a volatile stock, in part because it is quite speculative.
- aj7 3y agoInvesting in the technology leader blunts the speculative aspect. And the volatility is caused by panicky, inexperienced investors jumping in and out at the margins.
- bhouston 3y agoIt is a theory that Tesla will dominate all profits in the EV industry similar to Apple in the smartphone market. It isn’t a sure thing, it is a theory. Being a true believe is a faith based endeavor. It isn’t clear at this point it is right.