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Teslas surge scares a lot of people: if musk were short now

category:Internet
 Teslas surge scares a lot of people: if musk were short now


We loved Tesla and promised never to short again, citron research, a well-known short seller, said Tuesday morning. But when computers start to drive the market, we believe that even musk, the founder of Tesla, would short the stock if he were a fund manager. It has nothing to do with technology anymore, it has become the new Wall Street casino.

On Tuesday, Tesla jumped from the sky and opened high. It rose for the sixth day in a row. At the beginning of the session, Tesla broke the $900 mark, rising to $940.13 at the highest. It set a new record in the session, rising more than 20% in the day. Its market value is close to $170 billion, surpassing the sum of the market values of Ford, GM, Honda and Ferrari listed in the United States.

After xiangrafter released the above comments, Teslas share price rose narrowed and fell to a record high. At one time, it was close to $852, with an increase of less than 10%. However, it bounced back quickly. It was close to the afternoon and rose to $900 again. It stepped into the afternoon and further rose to above $910, with an increase of more than 15% in the day. It is expected to reach a record high for the fifth consecutive day.

Earlier in xiangrafters announcement, analysts from new research research research lowered Teslas stock rating from buy to neutral, believing that Teslas value is still attractive in the long run, but stressing that there is a limit to the source power of further stock price rise in the next 12 months, which is the reason for the downgrade.

New research research points to some of the risks Tesla faces, including that its gross margin may be lower than expected in the first quarter of this year, the launch of model y may interfere with the demand of model 3, and the end of short selling. Prior to that, Tesla rose 20% on Monday, the biggest one-day increase since May 9, 2013. Bill selesky, an analyst at Argus research, raised the target price of Tesla from $556 to $808, the highest target price given to Tesla by Wall Street institutions. Even so, the target price is still below Teslas opening price of $882.96 on Tuesday. At present, Wall Streets average target stock price for Tesla in the next 12 months is $493, compared with $334 in December last year, almost 40% of the current stock price. Source: All Weather Technology Author: Li Dan editor in charge: Wang Fengzhi ue5e5 nt2541

New research research points to some of the risks Tesla faces, including that its gross margin may be lower than expected in the first quarter of this year, the launch of model y may interfere with the demand of model 3, and the end of short selling.

Prior to that, Tesla rose 20% on Monday, the biggest one-day increase since May 9, 2013. Bill selesky, an analyst at Argus research, raised the target price of Tesla from $556 to $808, the highest target price given to Tesla by Wall Street institutions. Even so, the target price is still below Teslas opening price of $882.96 on Tuesday.

At present, Wall Streets average target stock price for Tesla in the next 12 months is $493, compared with $334 in December last year, almost 40% of the current stock price.