On May 1, Tesla (NASDAQ: TSLA) CEO Elon Musk tweeted, "Tesla stock price is too high imo." It's only logical that the stock has tripled since then, right? Stock splits don't add any value to a company whatsoever, but rather increase the number of shares and decrease the stock price by an equivalent amount. Read More...
These 3 Tech Stocks Are Absurdly Overvalued Right Now
On May 1, Tesla (NASDAQ: TSLA) CEO Elon Musk tweeted, “Tesla stock price is too high imo.” It’s only logical that the stock has tripled since then, right? Stock splits don’t add any value to a company whatsoever, but rather increase the number of shares and decrease the stock price by an equivalent amount.
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