"Very impressive production numbers" ... let me get MY calculator out.
Tesla produced 180,000 vehicles in Q4, Volkswagen produced roughly 3 Million. Tesla produce 6% of the number of cars Volkswagen produced.
Volkswagens market cap is $98 Billion, Teslas market cap is $668 Billion.
Tesla is valued at roughly 7 times larger than Volkswagen and produces 6 hundredths of the number of cars.
"The RSI is 70 so its almost overbought"
, that had me rolling on the floor. Tesla is extremely OVERVALUED by ANY measure, it is a MEME stock and people plow money into highly risky derivatives which have a gamma effect on the share price forcing it up. Tesla is a house of cards which will fall. It's just a question of when. But hey its your money!
Tesla produced 180,000 vehicles in Q4, Volkswagen produced roughly 3 Million. Tesla produce 6% of the number of cars Volkswagen produced.
Volkswagens market cap is $98 Billion, Teslas market cap is $668 Billion.
Tesla is valued at roughly 7 times larger than Volkswagen and produces 6 hundredths of the number of cars.
"The RSI is 70 so its almost overbought"
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