Microsoft is now the world's most valuable company, passing Apple October 29, 2021 https://www.windowscentral.com/microsoft-now-worlds-most-valuable-company-passing-apple
No, Amazon's stockprice is stuck between $3200 and $3400 for quite some time now, that's why Elon Musk is currently the richest man on the planet, because Tesla skyrocketed from $700 to $1100, based on almost nothing.
Correct, but I believe those expectations are way too high. But we all know that the stock market is often not based on reality, it's more like a casino. I wonder if Tesla is going to crash now that Elon Musk must sell 10% of his stake because he needs to pay his taxes. Probably not, since Tesla fanboys will simply snap up those shares.
I concur. The scenario with this stock reminds me of that old investment adage "buy on the rumours be ready to sell on the news."
To me the stock market is pure entertainment. You can even make money when stock prices decline by going short, how brilliant LOL. And about Tesla, we most not forget that Elon Musk was so clever to perform a stocksplit this year, because he knew that people would find Tesla's stockprice valued too high. So at around $2000 it was split into four, and all of a sudden we were magically back at $500 LOL. So at the moment, Tesla is actually a $4000 dollar stock ($1000 x 4), but people already forgot about that.
