WTF
I've been trying to value Tesla stock. BTW it's back up to $740 ATM. Elon said sometime ago that battery day would blow our minds. Perhaps his comment about the stock price being too high was related to mind blowing, IDK. He also signed a CEO contract with Tesla for $1 per year unless he grows the company at an insane rate, I think 50% per year till 2030, which would make future stock prices be thousands. One trader bet $3.3M on a Tesla call that requires Tesla stock to be nearly $1600 in a year, to break even.To make money on that $3.3M, Tesla stock must be even higher. Clearly, some traders think $740 is not too high.
I'm sitting on the sidelines scratching my head.