Over the last two years, the rise in Tesla’s stock price has been truly spectacular with returns of over 1000%. But recently there has been a bit of a setback and some people think that’s because of Elon Musk who has taken to Twitter and has been selling his Tesla shares.
There have also been some very public spats on Twitter between Elon Musk and Michael Burry who claims Musk is bearish on Tesla which is why he’s offloading his shares.
So in this video, I look at this in more detail; what Burry has said and what Musk is doing and why. I also look at the price of Tesla stock and whether it is overvalued or not.
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DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.
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