Tesla Sends S&P 500 Crowd on a Wild Ride of Surges and Crashes

Bloomberg2021-12-21

(Bloomberg) -- There was a sense among Wall Street types a year ago that Tesla Inc.’s entrance into the S&P 500 Index would calm the stock. Sure, it would still have sporadic moments of Elon Musk-...

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Comments

  • Snuu
    2021-12-22
    Snuu
    Roller coaster ride
  • Aloynty
    2021-12-22
    Aloynty
    Made lots of winners, and likewise weepers
  • KYHBKO
    2021-12-22
    KYHBKO
    volatility has a correlation to the branding of the company and partly because it is polarising. some would regards $Tesla Motors(TSLA)$ being highly overvalued as it was transacting at PE of over 1100 at one stage. for Tesla bulls, the company is leading the charge in sustainable innovations, AI and autonomous driving for a safer and better future. the volatility helps to feed both camps' opinions, giving both assurance at different parts of the year. this divide will continue to feed the media frenzy. the media companies will continue to cast spotlight on the company to rake in the viewership. fanned by media, sustained by the tweets of Elon that oscillate between wits and insights, this stock will remain volatile. let us not forget
    • fuzzyx
      Tesla's a great company and has taken the global car industry to the EV era. The current valuation of this company is too high to buy or hold.
  • Soephiee
    2021-12-22
    Soephiee
    Yes!!  That's Tesla. 
  • SKHan
    2021-12-22
    SKHan
    Go Tesla Go
  • RonnieSG
    2021-12-22
    RonnieSG
    That’s the nature of Tesla’s stock. Wild swings are expected but must be able to hold tight
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