Its not an ATH, though its been trying to get there again, and Elmo has obviously been pumping the stock himself backed up by his mega future plans, but his political stuff has caught him out and now he doesn't have real numbers behind him anymore, sales are dying, no new revenue coming through and a massive p/e. It cant go up forever.
The Tesla share price is also closely linked to bitcoins movements for some bizarre reason.
Happy Friday!
⚠️⚠️⚠️ WARNING ⚠️⚠️⚠️
>Anyone holding neoclouds ($NBIS, $IREN, $CRWV) as a long term investment at current prices over $AMD, $AVGO, $NVDA is going to cry.
$NBIS, $IREN, $CRWV are taking on massive amount of debt, have depreciating assets (GPUs), and high run costs (electricity, infrastructure maintenance) = **Low Margin** Business
They have absurd valuations to justify their low margin business. NBIS P/E is 94 and IREN P/E is 161 !!!
*^(There is a reason that hyperscalers are leasing from these neoclouds because they don't have to take on all that debt and risk)*
Meanwhile, $AMD, $AVGO, $NVDA are selling to these AI infrastructure companies (neoclouds) at high profit margins without taking on those debts
I am picturing a 4th bedroom, nice fluffy ass carpet, a fucking bomb Laz-E-Boy, and a bookshelf full of different pocket pussies and toys. Lines and oils galore. And ironically he still has his 3 monitors pulled up to all his BYND research. 🤣
Get ready for generational wealth for Google call holders. Next week will be but a glimpse of the retard strength that is to come.
I personally predict a re-rate to 35 P/E by Q2 next year. Which puts the stock at 337 assuming no growth. However there will be double digits growth. At 15% growth it will go to 388, next year, and I expect the growth to compound beyond next year.
Throw in major software breakthrough or productivity gain, 400 by 2027 is a conservative target.
This is financial advice
where did i say it doesnt matter ?
/E: i dont know why your reponses are getting deleted but you should try to understand where we are and who "them" is in this context and why the idea that ANY data would change a degenerate gamblers strategy is funny.