Share this article
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.
Updated Sep 14, 2021, 9:52 a.m. Published Sep 5, 2020, 6:00 p.m.
The markets kicked off the week with a 5-1 Tesla stock split rally and ended with major questions about tech company valuations.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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
See also: The Real Story Behind Tesla’s Crazy Rally
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
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.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
What to know:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
Top Stories
