We do the research, you get the alpha!
Tesla stock price is too high imo
— Elon Musk (@elonmusk) May 1, 2020
$64,208.00
1.16%$3,073.71
0.34%$6.80
1.01%$558.67
1.76%$145.84
4.78%$1.001
0.23%$3,067.76
0.29%$0.502612
0.59%$6.28
0.65%$0.152317
1.94%$0.469941
3.65%$0.00002282
0.47%$35.29
1.71%$64,082.00
0.85%$0.110394
1.38%$477.34
-0.46%$13.95
2.80%$0.676667
-0.42%$13.57
8.24%$81.83
0.43%$5.59
-1.47%$7.55
4.82%$5.88
0.32%$9.50
0.95%$26.24
1.08%$1.15
1.00%$1.006
0.60%$2.50
3.19%$6.18
3.13%$0.124446
2.22%$54.93
-1.61%$0.112117
2.58%$8.29
0.85%$8.10
1.90%$3,103.56
0.37%$462.74
-1.00%$1.13
-0.86%$2.07
4.10%$3.02
16.92%$0.083233
1.98%$0.04058252
2.63%$2,968.64
-5.57%$0.114332
-4.21%$28.14
0.41%$0.261708
3.86%$1.003
0.22%$2.26
1.38%$3,183.17
0.27%$2.15
4.53%$120.08
3.34%$0.00000518
1.17%$2.08
0.50%$11.23
12.70%$0.706743
2.57%$5.35
11.14%$2.01
1.31%$3,393.59
0.38%$26.82
8.53%$1.24
-1.81%$1.33
8.26%$1.94
-2.11%$0.04471093
3.28%$0.560986
5.93%$106.63
0.23%$3,156.31
0.58%$1.075
7.29%$0.177653
2.41%$0.02722017
1.77%$0.995566
8.98%$9.64
2.84%$0.00014156
1.94%$0.890132
2.06%$65.93
-0.85%$18.26
2.44%$86.74
1.50%$0.03199092
-1.53%$0.00000125
-0.15%$2.31
4.57%$2,915.78
-4.86%$14.26
2.56%$0.778922
-6.28%$0.873661
3.42%$41.21
1.68%$0.599754
2.49%$0.02020259
-17.78%$1.036
-10.49%$0.447879
2.46%$0.00005124
0.79%$3.18
1.76%$7.00
-0.44%$0.00001506
3.21%$0.992614
2.82%$2.97
4.36%$46.67
7.23%$0.108778
0.75%$4.99
1.64%$16.24
1.07%$0.617721
2.31%$3.99
1.22%$0.234664
0.29%$1.25
1.14%$0.01879839
1.60%$6.76
1.30%$347.47
3.03%$0.783483
4.33%$172.47
4.85%$0.02000528
-0.85%$0.805904
2.24%$8.81
4.76%$0.438714
0.99%$1.24
-1.13%$1.20
-0.16%$3,095.51
-0.15%$0.228824
2.48%$12.91
4.13%$0.677304
1.85%$19.24
-0.97%$2.31
4.82%$0.978989
-0.08%$2.80
1.63%$1.67
-3.21%$0.631933
-3.32%$1.22
-0.97%$3,069.76
0.77%$0.187232
1.70%$0.10071
7.73%$172.03
4.95%$4.03
9.01%$4.00
-3.71%$1.001
0.39%$3,221.92
0.20%$35.52
-0.46%$0.00180331
4.59%$0.938524
1.82%$0.398145
2.24%$95.55
4.47%$0.00000029
6.72%$0.00010199
1.50%$2,397.04
0.43%$0.105592
6.39%$0.719252
3.12%$3,271.63
0.40%$5.85
-3.52%$0.086172
2.22%$0.053501
1.50%$0.298166
3.75%$1.78
-0.34%$0.01002207
6.83%$0.03930083
2.98%$0.06267
-5.27%$5.40
0.74%$0.877731
1.51%$1.46
-0.94%$0.748385
22.71%$0.439474
2.23%$0.054951
2.65%$1.003
0.23%$3,324.32
0.44%$0.00557569
9.86%$0.424097
5.63%$0.390638
2.90%$0.0943
-0.24%$0.335685
3.07%$60.86
2.85%$0.454801
-0.50%$1.045
5.08%$1.12
4.68%$0.240326
1.40%$0.04676226
2.79%$0.02521569
4.45%$1.84
0.26%$0.00000046
0.75%$0.531651
6.29%$21.83
6.89%$2,401.67
0.28%$0.02650358
2.46%$13.96
3.69%$3.70
18.88%$0.03116024
4.82%$4.00
6.29%$0.803472
-0.16%$4.05
1.88%$13.39
3.28%$0.61406
1.37%$1.61
5.33%$3.65
2.03%$0.0023355
3.89%$1,284.88
0.00%$0.00735081
-2.53%$0.565898
1.55%$0.03286754
16.43%$0.00707163
0.84%$5.03
3.17%$3.73
8.38%$0.517826
0.94%$4.24
25.77%$0.821281
-0.56%$55.55
3.69%$3,150.43
0.49%$0.374944
2.25%$0.250769
3.17%$0.914983
-1.95%$0.03092174
1.56%$1.74
4.31%$0.727677
-3.61%$62.94
7.22%$5.44
4.20%$30.05
3.50%$4.09
13.29%$21.20
3.90%$0.03752515
4.49%$22.43
3.33%$3.50
3.71%$0.03424319
2.52%$61.66
0.12%$0.428436
5.46%$0.365114
13.38%$0.762431
4.95%$0.117735
11.27%$8.13
-0.80%$0.257557
2.13%$0.923645
1.71%$30.66
1.91%$0.0059667
3.80%$1.25
0.86%$0.03275199
1.73%$31.59
1.03%$26.30
7.96%$0.877491
6.71%$0.272887
-0.57%$2.40
5.02%$28.87
1.07%$3.71
-0.16%$37.85
4.81%$0.313281
3.22%$39.97
0.90%$25.51
3.59%$0.00350787
3.46%$0.727974
-4.10%$0.158455
1.08%$0.00000034
1.27%$14.38
-0.64%$0.28685
4.44%$0.386849
-0.19%$0.312164
2.25%$2.52
2.02%$0.281371
-4.70%$0.809824
-0.45%After the historic volatility experienced in the crypto market the last several weeks, maybe it was time for a little change of pace.
Crypto markets today remained mostly flat—a continuation of the cool down yesterday afternoon, following a hot rally which saw the price of Bitcoin skyrocket to $9,400 before falling back down to Earth.
Bitcoin today is trading for just over $8,700, only a less-than-one percent dip from where it stood Thursday. The same is more or less true of the rest of the market, with Ethereum up less-than-one percent at $210 and XRP down 1% to $0.21.
All in all, total market capitalization for crypto is basically unchanged at roughly $245 billion.
The same can’t be said, however, for the stock market. The Dow Jones Industrial Average (DJIA) closed today down more than 600 points, while the S&P 500 dropped 2.8%. The culprit? Likely profit warnings from major stocks and heightened tensions with China.
The market saw major drops among leading tech stocks. Amazon, for example, led the downward charge with a 7% slide in price. Stock shares fell to $2,284—a near $200-drop from yesterday’s $2,453.
The dip followed news that the company would be extending its work-from-home order through early October, which may have left investors feeling wary.
Tesla also saw its shares slide by more than 11% after founder Elon Musk tweeted that the price of Tesla stock was “too high.”
Tesla stock price is too high imo
— Elon Musk (@elonmusk) May 1, 2020
Musk has found himself in trouble in the past with the SEC for similarly “inappropriate” tweets regarding his company’s stock. It looks like a $20 million fine and losing his place on the Tesla board wasn’t enough for Musk to learn any lessons.