InvestIdeas

Tesla stock jumps on carmaker’s addition to the S&P 500
https://www.cnbc.com/2020/11/16/tesla-s ... p-500.html

Elon Musk is now worth US$15 bil more following Tesla’s S&P Inclusion
https://www.theedgesingapore.com/news/c ... -inclusion

Tesla defies doubters as builds on rally ahead of S&P 500 debut
https://www.reuters.com/article/BigStor ... SKBN2832IJ

Elon Musk has overtaken Bill Gates to become the world’s second richest person
https://www.cnbc.com/2020/11/24/elon-mu ... chest.html

Just to put that into context: Tesla is now worth more than Toyota, Volkswagen, Hyundai, GM and Ford put together.

'You're being too rational!'
I've done some back-of-the-envelope calculations and those businesses, some of which are undoubtedly ailing, made a combined profit of more than $50bn last year.

This year, Tesla is on course to make something like $1bn. So to believe the current valuation, surely you have to have some confidence that its technology and its market dominance will deliver a 50-fold increase in profits over the not too distant future?



Tech Tent: Is Tesla really worth $500 billion?
https://www.bbc.com/news/technology-55103706

Elon Musk will love this: Tesla short sellers lost more than the US airline industry this year
https://edition.cnn.com/2020/12/04/inve ... index.html

Tesla is a 'prime' candidate to see its stock plummet after it enters S&P 500, analyst says
https://finance.yahoo.com/news/tesla-an ... 17273.html

Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest
https://www.cnbc.com/2020/12/20/tesla-e ... rgest.html

Tesla short-sellers have lost more than $39 billion betting against the stock in 2020
https://markets.businessinsider.com/new ... 1029915087

Elon Musk is now the richest person in the world, passing Jeff Bezos
https://www.cnbc.com/2021/01/07/elon-mu ... ezos-.html