Forget Tesla; Do This Instead

Up over 250% already in 2020, Tesla Inc.’s (NASDAQ: TSLA) stock has been going absolutely crazy this year. But is it overvalued? (HINT: Yes)

u/Kruzat / CC BY-SA

Up over 250% already in 2020, Tesla Inc.’s (NASDAQ: TSLA) stock has been going absolutely crazy this year.

Is it overvalued? (HINT: Yes)

And will Tesla’s upcoming stock split, set for August 31, change anything? (HINT: No)

Let’s take a look…

[finviz ticker=TSLA]

The company’s $290 billion market cap is more than 3X larger than Ford, GM, Chrysler (the three largest U.S. car manufacturers) combined.

Meanwhile, these companies sold over 20X more cars than Tesla in 2019 (7.5 million for the “Big Three” vs 367,500 for Tesla).

Both of these facts indicate a share price that is way higher than it should be.

Don’t believe me? Take it from co-founder, Elon Musk himself.

“Tesla stock price is too high imo”, he tweeted on May 1st (imo means “in my opinion”).

Shares were up 77% on the year the day prior to Musk’s tweet. Now, they’re up an astounding 260%, costing you over $1,500 for a single share.

To counter such a high cost of entry, the company just announced a 5-to-1 stock split. This means that if you own 100 shares of TSLA before the split, you’ll own 500 shares at 1/5 the price (roughly $300) after the split.

This stock split changes absolutely nothing about Tesla’s underlying business fundamentally. If you buy $10,000 worth of TSLA right before the split, you’re still going to own $10,000 worth of the stock after the split.

Here’s what what you should do instead.

Target EV Stocks with Lower Share Prices and Much-Higher Upside Than Tesla

Let’s say you do buy one share of TSLA after the stock split for $300 per share…

What is the highest its share price could go?

It’s already trading at 3X the valuation of the three largest U.S. car manufacturers.

Do we really think that it will ever sell more cars than those three companies? Maybe… if absolutely no competitors entered the marketplace.

But EV companies are popping up at an astounding rate. And those companies give investors way more upside than Tesla, who has already priced in the upcoming surge in the EV market.

And they’re a much-higher upside bet than Tesla could ever be at a $238 BILLION market cap…

The “Tesla Killer” launches 90,900% market surge

I’m here 3,000 miles from home in Long Beach, California.

This industrial suburb looks nothing like Silicon Valley, but recently it’s become the epicenter of an explosive new technology.

One that’s taking the $2.5 trillion electric vehicle market by storm.

It charges in just minutes — not hours. It’s 100% emission-free, costs next to nothing, and involves no fossil fuels. The only thing it emits is pure, clean water.

This is why experts call this technology the “Tesla Killer.”

I came here to try it for myself and see if all these claims were true.

And incredibly enough, the “Tesla Killer” worked better than I imagined.

The car took moments to fill and drove like a dream along the California coast, lasting hundreds of miles.

I’m now certain that no Tesla could possibly compete with it.

That’s why Bloomberg projects it to “skyrocket 1,000 times over.” And best of all…

The tiny, little-known stock behind the “Tesla Killer” are trades for just a few bucks

Don’t wait another moment.

Now you can lock in its shares at a few dollars, instead of $300 like Tesla.

Click here for the full story.

$2 EV Stock No One's Talking About

This company is a sneaky EV play that no one’s talking about. They’re producing an odd variation on the traditional EV that has consumers raving.

Enter your email address to receive this company’s name and ticker symbol for free.



By submitting your email address, you give Stock Market Junkie permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

Enter your email address to receive this company’s name and ticker symbol for free.



By submitting your email address, you give Stock Market Junkie permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

Enter your email address to receive this company’s name and ticker symbol for free.



By submitting your email address, you give Stock Market Junkie permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

Some are calling it G.T.E. and Mark Cuban, Elon Musk, Richard Branson, and even banks like J.P. Morgan are invested in the tech behind it.

Just $25 could get you in alongside these billionaires. 

Enter your email address to receive the video that reveals it all.



By submitting your email address, you give Stock Market Junkie permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

53-cent Biotech Stock with $2 Price Target

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only 53 cents.

Enter your email address to receive this company’s name and ticker symbol for free.



By submitting your email address, you give Stock Market Junkie permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works