tesla
ValueWalk
ValueWalk
ValueWalk
ValueWalk
ValueWalk
ValueWalk
ValueWalk
ValueWalk
Tesla (NASDAQ:TSLA) reported weaker-than-expected results for its third quarter, sending its shares lower. The electric vehicle (EV) maker lost as much as 15.6% last week to hit the lowest levels in nearly 5 months. This way, Tesla recorded the weakest weekly performance this year, playing in the hands of bears who were continuously warning about the stock’s rich valuation. Tesla stock is up over 72% year-to-date, despite FY 23 earnings declining from ~$6 a year ago to <$3. Tesla stock now trades near $210 – which is a key near-term support. It is likely that the stock will bounce from these l...
ValueWalk
I’m convinced most people are hardwired to be terrible investors. Even very smart people who are extremely successful in other walks of life – doctors, CEOs, PhDs – are often bad at investing. Think about this: If you put just $1,000 into the S&P 500 in 1950, you’d have $2.2 million today. I’m not saying $1,000 a year. By investing $1,000 into the market one time and leaving it alone, your money would have grown to $2.2 million. Almost anyone can do that. Yet, most people don’t retire comfortably—let alone rich. The average 60-year-old has about $400,000. Forbes says you need $1.7 million to r...
ValueWalk
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