Tesla Stock Bubble-The New Bitcoin?
3 min readJul 7, 2020
Tesla stock price is going parabolic again.
The price action of Tesla stock seems be at a euphoria stage in 5 stages of a bubble.
Good sales number, signs of improving bottom line and a moderate recovery in oil price have lent support on the fundamentals for Tesla stock. But all these seem to be unable to account for the meteoric rise, considering that Tesla was still trading…