Time to Short or Buy Tesla?

Elon Musk is likely to Sell 10% of his stock


Looking at the chart, the price of TESLA stock has gone up by around 70% in the last three weeks. I don't see any fundamental reason for this sudden rise. However, it has happened before in other situations that fundamentals are right and it takes time for the price to catch up to the fundamentals.


The P/E ratio is 398 according to trade view, but that is 0.25%. Unless you anticipate more price gains, that's rather poor.

I think there should be a drop in pricing. If someone is doing a market sell on a really large order, I should expect that and the company stands to profit from the irrational fear of global warming and rising energy taxes. We could expect to see earnings increase and the TSLA stock sometimes out performs BTC.


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