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Offbeat Tesla hits the stock market ceiling, when will the bubble explode?

13:38  21 august  2020
13:38  21 august  2020 Source:   ouest-france.fr

Tesla: News about stock split drives price

 Tesla: News about stock split drives price © Timothy Artman / Tesla Tesla plans stock split. Tesla shares have increased massively in value over the past six months. Now the e-car manufacturer is reacting - and has announced a share split. The Tesla share is divided at a ratio of 1 to 5. For every Tesla share, shareholders will receive four additional shares. The electric car manufacturer announced this on Tuesday, August 11, 2020. The stock split will take effect on August 31.

“ When a stock rises this much, I mean 43% in five or six days, that only happens after a stock The bulls have fueled the stock on the thesis Tesla will see strong demand out of China while also The company’s market cap now stands at a mind-boggling 8 billion, despite Tesla ’s long history of not

" When the stock market bubble implodes, it will have been started by the surge in Tesla shares beyond speculative zeal," former presidential candidate Ralph Others are getting flashbacks to the dot-com bubble in early 2000s, when internet stocks exploded and eventually collapsed, shedding

Tesla crève le plafond en Bourse, quand la bulle va-t-elle exploser ? © Tesla Tesla hits the stock market ceiling, when will the bubble explode? Tesla shares cross the symbolic threshold of 2,000 dollars. Tesla's automaker is now worth $ 373 billion ...

Tesla is in the midst of a speculative bubble. The shareholders of the American manufacturer of electric vehicles have something to be euphoric on, the group's shares having finally crossed the symbolic threshold of 2,000 dollars. On Thursday, the action closed with a gain of 6.56% to 2,001.82 dollars. At the start of the year, it was priced at ... $ 430. To make its title more accessible, Tesla intends to divide by five the price of its share next week (stock split), an operation which is however neutral from a strictly fundamental point of view, for the shareholder.

Carmelo Anthony is having an unlikely revival in the bubble and hitting big shots when the Blazers need them most

  Carmelo Anthony is having an unlikely revival in the bubble and hitting big shots when the Blazers need them most Carmelo Anthony has been one of the best players in the clutch in the bubble and is helping push the Blazers to the playoffs.The 36-year-old Anthony was unceremoniously cut from the Houston Rockets in November 2018 after just 10 games. His contract was traded from team to team for the remainder of the season until finally, it expired. He was left on the free-agent market for months, his career seemingly over, until the Portland Trail Blazers signed him in November of 2019.

Find live stock market quotes and the latest business and finance news. Warren Buffett's favorite stock market indicator reaches internet bubble extreme. Yahoo Finance. Dow Jones Futures: Four Reasons To Be Bullish About The Stock Market Rally; Apple, Tesla Hit Historic Levels.

It hardly seems newsworthy to report that Tesla ’s stock is in a bubble . After all, it has more than quadrupled since last summer, and To be sure, bubbles — and the crashes that follow when they burst — are rarely defined by the armchair pundits who like to throw around these terms with abandon.

The stock split operation aims to make the stock more accessible to employees and small investors. At 400 dollars a title at the end of the month, there is no doubt that the demand will be there. Of course, this split will not change the value of the portfolio of investors who already own Tesla shares. They will only own five times as many Tesla titles at the end of the month. If it makes the action more accessible, this measure nevertheless reinforces the wave of speculation that surrounds the firm of Elon Musk.

>> To read also - Tesla: the jackpot of Elon Musk's company, despite the

Tesla crisis, which aims to produce more than 500,000 vehicles this year, has a stratospheric market capitalization of 373 billion dollars. It is much more than those of the three American automobile giants, General Motors, Ford and Fiat Chrysler. And Renault is very far from behind Tesla, despite significantly higher vehicle sales ... Tesla's surge on the stock market has in any case made its founder Elon Musk the 4th fortune of planet . An explosion of the speculative bubble on Tesla would therefore quickly make him tumble down the list of the richest men in the world.

The Rockets' radical small-ball experiment suddenly looks like one of the scariest threats in the playoffs .
With a 2-0 lead over the Thunder, the Rockets are making a case that they are championship contenders this season. On Thursday, the Rockets beat the Oklahoma City Thunder, 111-98, to take a 2-0 lead in their first-round series. It's not just that the Rockets have won, it's how that should scare the rest of the NBA.The Rockets are still missing Russell Westbrook, but it hasn't been a problem so far: they've scored 234 points through two games.In Game 2, the Rockets shot just 33,9% on 54 three-point attempts and still won by 13.

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