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Currently the stock market and the crypto market are going through a really unpleasant time for many people, of course, it is a good idea to buy now and retain our assets for the long term and in this way many people have made a profit, I think it is a good time to investing and especially to buy shares of Tesla, the company founded by Elon Musk, I think that since Tesla started trading on the stock market has surpassed even the value of Amazon shares with the short time it has been listed on the NY stock exchange, now well, today we will be talking about investing in Tesla right now, if you know perfectly well that we are in a crypto crash and especially that the Bitcoin has plummeted more than 15% in less than 48 hours, I think you are able to understand why buy now and hold for years or even we can put our assets to generate passive income and increase our capital, it is not a bad idea at all, let's get started and welcome to my home.
How has Tesla performed on the stock market all this time?
Tesla shares have been steadily rising these last few years, but they have also declined a lot compared to Amazon shares, I think Amazon and Tesla have been in a really strong competition all these years, but why? Simply because these 2 tech giants want to position themselves as the best shareholders and investors in the world, now, many of us know that Elon Musk is the founder and CEO of Tesla, we also know that Jezz Bezos is the founder and CEO of Amazon but he is not the biggest shareholder in Amazon and this is because he has diversified in other assets and funded Space projects, as is also the case of Elon Musk with SpaceX and I think this has been a great thing.
Now then, let's see why shares in Tesla are a good investment from my point of view, I think my assets or most of my assets are in cryptocurrencies, I don't really like stock market investment unless they are big funds, but in this case I will show the charts of Tesla and let's analyze a little bit the charts and see if it is really good idea currently to have assets in this stock and why I think it can increase over time.
Currently Tesla stock is at a little over $200 and its 1 year high has been $400 and that's very clear. Now, I want to say from my point of view that it is really a great idea to invest in Tesla stock because it has simply evolved a lot in the last few years because many big investors have decided to have assets in Tesla and I really think it is a good idea now more than ever.
Conclusion
Tesla has previously decided to do some stock split, even going 5 for 1 and on another very close occasion decided to do another 3 for 1 split and that is what really pleases me about investing in this company. I think these decisions that Tesla has taken are great because many investors have decided to invest in Tesla because of this and especially the increase they have had since 2020, although we have seen how the shares are plummeting and that is really due to a bear market, the whole market is currently in the red, although some experts say that they have seen an upward trend in recent months.
I hope you enjoyed the reading, see you in the next post with much more information about finance and cryptocurrencies. A big hug and have a nice day.
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