LimLS
2022-08-18

Tesla is a strange stock. It's stock that is highly owned by retail investors (around 40%). Institutional investors only owns around 42%, which is pretty low considering the size of Tesla. With so much owned by retail investors, it's more affected by market sentiment, which explained the huge rise and fall. Also means it can rise up fast after the split if someone can create a hype on it. The same can happen at the opposite direction if market sentiment suddenly turn bearish. It's a 50-50 bet. Buy if you are bullish but don't bet your house on it. Oh, forget about all the hype on semi, FSD or robots. These are being repeated for a long time and are already priced in since long ago. It's not overvalued for nothing. Good luck. (Disclaimer: I owned some Tesla so I had my bias too)

Musk Sells $6.9B of Tesla: Will you hold, buy or sell?
【Key Points】 1. Musk sold $6.9 billion of shares in Tesla according to regulatory filings Tuesday, the first time since dropping his bid to buy Twitter in April. 2. Tesla has risen as much as 50% from its low at $630. It closes at $850 per share today. 【Topic】 What're your thoughts on Musk selling shares of Tesla? Will you keep buying or holding, or will you follow his step to sell?
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