Tesla stock hits another all-time high today closing in the $460's. Why is it booming? A few reasons. First, a massive cloud has been lifted over Tesla shares as the Biden administration was engaging in legal warfare to remove Elon Musk's compensation package & throw lawsuits at the company at every turn. This made it very difficult to see a world where Tesla's Cybercab would be allowed to flourish. Since the election, that tone has changed from pessimism to optimism. The reality of Tesla launching an autonomous vehicle business is closer than ever, especially as FSD V13 gets ready for wide release. This has caused a wave of institutional buying that is sending shares soaring. Additionally, both Google/Waymo CEO Sundar Pichai & Nvidia CEO Jensen Huang have stated on the record that Tesla is ahead of everyone in Self-Driving Technology. Additionally, one kicker is that Optimus Tesla's humanoid robot is making progress faster than anyone expected. It's been a fun time to be a shareholder!! Disclaimer: Nothing in this show is financial advice and I'm long Tesla stock.
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