Now that ordinary consumers see Tesla’s pure electric cars running all over the street, they may think that Tesla is the leader of new car-building forces.
But the fact is that new energy vehicles are just a concrete product of Tesla’s achievements in many fields.
Analysts from institutions such as Piper Sandler believe that Tesla will be able to develop into a larger leader in comparison with other competitors trying to break into the electric vehicle market, thereby occupying a larger market in the long run Share.
In addition to batteries, artificial intelligence, autopilot software, etc., Musk is also chasing “hard core science fiction” such as brain interfaces and Mars exploration, and it seems that there are some decent results.
In addition to being down to earth in life, people also hope to look up at the stars.
The company shows itself as a persistent “dream chaser”, which can be said to be very sexy.
Self-reversal of crowded transactions
So it’s not difficult to understand why “leeks” like Tesla so much.
Data from US retail securities online trading company TD Ameritrade shows that the “Investor Change Index”, an index based on investor behavior, rose 1.76% to 4.63 in July. At the beginning of this year, the figure was still 2.1, indicating that investors in US stocks The structure is tilting to the retail side.
In the most popular stocks of retail investors, Tesla ranks top, followed by Pfizer, Apple, Crowdstrike Holdings, Microsoft, and Nikola.
So under the enthusiasm of retail investors and the company’s own “sorrowful operation”, the trading volume of Tesla stock suddenly increased from August 31 to September 2.
On August 31, Tesla’s stock split five times, and the trading volume soared from 2008 million on the previous trading day to 120 million at the close of trading on the 31st. The transaction volume in the next two days was also above 90 million.
It can be seen that Tesla’s stock split measures have successfully lowered the investment threshold for retail investors and allowed more investors to enter the market for speculation.
In fact, in this process, Tesla has created a self-fulfillment of rising “logic”: investors believe that the stock split will push up the stock price, and investors who want to enter the market believe that the stock price will rise.
In stark contrast to the active entry of retail investors, some institutions are shifting positions and fleeing Tesla.
In addition to the reduction of Baillie Gifford this time, Bridgewater Fund also reduced Tesla’s holdings in 2020Q2, with a reduction ratio of 44%.
As of 2019Q4, Saudi Arabia’s sovereign wealth fund “Public Investment Fund” (PIF)’s Tesla position fell to approximately 3.9