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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.

CoinDesk Insights
Sep 5, 2020 at 6:00 p.m. UTC
Updated 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.comBitstamp 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:

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.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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