Stock market hype: one in two expects the Tesla price to rise

Tesla boss Elon Musk is always good for a surprise. At the beginning of the week, a tweet about the large order from the car rental company Hertz caused confusion on the stock exchange. “No contract has yet been signed,” he wrote succinctly to a Tesla fan club. The consequence. The share price fell three percent on Tuesday during trading.

A week earlier, the deal, which was deemed to have been resolved, had led to a price jump. The market value of the electric car manufacturer exceeded the one trillion US dollar mark for the first time. The increase also cemented Musk’s top position in the ranking of the world’s richest people.

The irritation caused by a Musk tweet should, as usual, only be short-lived. The majority of Germans believe that the success story will continue. According to a survey by the Berlin pollster Civey on behalf of the Automobile week Almost 50 percent of those surveyed expect Tesla’s share price to continue to rise over the next few years. Only a quarter are not convinced and expect the hype to subside and losses in value.

Younger convinced Musk

Especially the supporters of the SPD, the Greens and the Left still see potential in the Tesla course. Most optimists can be found in the 18 to 29 age group. The younger generation believes in the transformation to e-mobility and the skills of the manager Musk are particularly pronounced. The start of production in the new plant in Grünheide near Berlin this year could trigger further fantasies.

the Automobile week cooperates with the survey institute Civey. By registering, you contribute to better results.

Also read:

Musk on Hertz deal: Nothing signed, no discount

For around 3.6 billion euros: Hertz orders 100,000 Teslas

Course jump after Hertz order: Tesla is worth more than a trillion dollars

Objections to the Tesla plant in Grünheide: repetition of the online discussion starts

From the data center:

Survey on the start of production in Grünheide

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Lenny Li

I started to play with tech since middle school. Smart phones, laptops and gadgets are all about my life. Besides, I am also a big fan of Star War. May the force be with you!

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