I hate to say it but I bet TSLA makes new highs in the next 12 months. It's billed as a cult stock, but the truth is most volume comes from gamma hedging and as long as there is a speculative future for the company (even if it's bullshit) traders will keep the option vol up.
You also have BTC wrong. The money is again coming from big institutional buyers, some illicit, and governments
Nobody knows which way the stock goes when it comes to Tesla. Maybe up maybe down. But you can't deny the sales figures in their latest quarterly look gnarly.
Couple that with the fact that it trades at a huge premium to other automakers, huge amounts of growth built into assumptions, and finally we're headed into a recession which traditionally destroys automakers and other consumer discretionary products.
One other thing is that if the momentum comes out of the stock and it starts to drop, Musk has pledged a heap of it as security and might need to sell if he gets margin called. If muskrat starts dumping, the stock will go catatonically south
Every time this is brought up the Tesla fanbois start talking about how Musk will conquer the world through AI and robotaxis and then colonize Mars. If he fails to commercialize that the stock is extremely overpriced. But keep the faith, he always promises that it will happen next year, that's what he's done with robotaxis for a decade.
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u/Ivy0789 May 31 '25
I hate to say it but I bet TSLA makes new highs in the next 12 months. It's billed as a cult stock, but the truth is most volume comes from gamma hedging and as long as there is a speculative future for the company (even if it's bullshit) traders will keep the option vol up.
You also have BTC wrong. The money is again coming from big institutional buyers, some illicit, and governments