Opinion

Is Tesla a Stock for Suckers?

The markets kicked off the week with a 5-1 Tesla stock split rally and ended with major questions about tech company valuations.

By Nathaniel Whittemore

Sep 5, 2020 at 6:00 p.m. UTC

Updated Sep 14, 2021 at 9:52 a.m. UTC

By Nathaniel Whittemore

Sep 5, 2020 at 6:00 p.m. UTCUpdated Sep 14, 2021 at 9:52 a.m. UTC

By Nathaniel Whittemore

Sep 5, 2020 at 6:00 p.m. UTCUpdated Sep 14, 2021 at 9:52 a.m. UTC

The markets kicked off the week with a 5-1 Tesla stock split rally and ended with major questions about tech company valuations.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

On this episode of The Breakdown Weekly Recap, NLW looks at the full story the stock markets are telling us about the economy, including:

SoftBank unmasked as the “Nasdaq whale” playing the same options game with stocks as r/WallStreetBets
The Tesla stock split game: Does this just mean it’s for n00bs and rubes?
The VIX shows November nervousness
Can you hear it? As stocks slide, the money printer is revving again

This week on The Breakdown:

Monday | US Stock Market Cap to GDP Ratio Reaches 190%, Eclipsing Dot-Com Bubble High

Tuesday | Financial Postmodernism and the Great Inflation Debate

Wednesday |Let Them Eat Equities! The Economic Chickens Come Home to Roost, Feat. Luke Gromen

Thursday | DeFi Degens Are Crypto’s Suicide Squad

Friday | 8 Historical Analogies That Help Explain the Madness of 2020

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.