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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.

Updated Sep 14, 2021, 9:52 a.m. Published Sep 5, 2020, 6:00 p.m.
(Maja Hitij/Getty Images)
(Maja Hitij/Getty Images)

The markets kicked off the week with a 5-1 Tesla stock split rally and ended with major questions about tech company valuations.

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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

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.

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