Benny76
2022-03-31

There will definitely be a rally. What is harder to predict is when and how severe the pull back will be after the rally. I'm personally just going to stay long the common stock. Overall the split is a bullish sign from Tesla that they expect the stock to either stay high or trend higher. Pair that with increased accessibility for retail investors and greater affordability of the options and you get an price upswing. It will be interesting to see the wording of the resolution of the shareholders vote as that is probably when we will have the earliest idea of what the split will look like. I'veseen speculation range between 5 to 1 and 20 to 1 so I guess we'll have to wait and see.

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Comments

  • PSG2010
    2022-03-31
    PSG2010
    Will Tesla's price increase affect its sales?
    • Benny76
      There are many good sources for tracking order backlog. So far it appears clear that tje price rises were necessary to mange wait times. So no affect on sales.
  • 0billionaire
    2022-03-31
    0billionaire
    Tesla has many competitors. Do you think it can always stay ahead?
  • Jim1995
    2022-03-31
    Jim1995
    I'm optimistic about Tesla. After all, its technology is first-class.
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