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It hit 400+ twice already. They are holding it for the long term, like 10 or 20 years, not watching the price move every day.
by voidspark 1y ago
It hit 400+ twice already. They are holding it for the long term, like 10 or 20 years, not watching the price move every day.
- maest 1y agoWho's "they"? People/entities holding Tesla are a highly heterogeneous mass.
- voidspark 1y agoThe majority of Tesla shares are held by institutional investors, and most of those are passive investors, holding it long term. Tesla is included in multiple index funds, including those tracking the S&P 500 and Nasdaq-100.
- Ekaros 1y agoIndex funds will sell if the valuation drop... So they only in general prop up market. But I think hedge funds are the real players here. Tesla is one of their successful investments. So placing even more bets there to keep numbers looking good is one possible play...
- voidspark 1y ago> Index funds will sell if the valuation drop No. The big index funds fully replicate the index. They will drop Tesla only if Tesla is dropped from the index. Tesla is currently up by 1150% since 2019.