 it over. What's up money geeks Mr. V here welcome to another video guys so in today's video we are going to talk about tesla stock split so we're going to talk about if this is a buy or this is a wait or whatever it's going on so we're going to cover that in today's video but before we get started guys if you're new to the channel we talk about how to earn money how to save money how to invest and build wealth so if that's something that interests you go ahead and hit that subscribe button and your notification bell so you don't miss out on new content so i did a video here when tesla first announced that they were going to do a five for one split so i did that video if you haven't already checked it out i'm going to hook it up here so you can definitely go check it out to this video we're just going to take it one step as this talks the split is going to start trading on monday august 31st so the question is should you wait or buy or i mean like what should you do and people have a lot of questions to as far as hey what happens to fraction issues if you own fraction issues so we're going to cover all of that today but where i want us to start is yes the split has already happened if you were holding tesla as of friday august 28th that is that's it it's done the split has happened so as we get up monday morning august 31st you're going to see that instead of the one share that you had for tesla you're going to have five shares the beauty is that the value of your shares is not going to change so if you own one share of tesla all you're going to do is take that share and split it into five so it's going to be the same amount you're going to use an example here assume that you have a pizza right one big peter you cut it in five pieces it's not like you've added or taken away from the peter it's still five pieces that make that one so the value of your pizza is still the same but it's just been broken up into five separate pieces so that's what tesla did and so that's why you're going to get up in the morning you're going to see that the number of shares that you own would be higher but the value would stay the same then the price per share would be lower than what you were that you closed the market on friday with so it's not something for you to panic and so in a situation like this a lot of people are wondering like hey this is a good time to get into tesla because what they call formal that fear of missing out a lot of people miss town and tesla when it was at say 150 or 200 or 250 300 350 even as just as just back in march when we had that huge covid crash tesla came down to 350 most people still didn't buy and then tesla just skyrocketed all the way to over two thousand dollars so you're going to see a lot of pressure in the market tomorrow a lot of volume people again this is my speculation i'm anticipating a lot of people are going to want to jump in because they don't want to miss out this time and that's going to push the price up because the way the market works is that you have people that are selling you have people that are buying so if somebody is if somebody wants to to to buy in there's not enough in the market they're going to increase their their their their price right they're going to they're going to increase the price to to so that they can they can get filled so if let's say if i want to buy the stock and nobody's willing to sell i'm going to keep opting my price like hey how about 2000 how about 2500 how about 2700 until somebody on the sales side be like oh that's a good price i might sell it at that price so i'm anticipating again that as soon as the market opens on monday morning we're going to see huge volume orders are going to come in people are going to be selling people are going to be buying again for people that are long term if you can go in the lower the price for you to enter the better for people that are going to swing it they can just go in it moves up they sell it and get out for day traders and again i'm going to say i'm anticipating that a lot of day traders are probably going to want to trade this and then some people are just going to wait for it as soon as it goes in that first rush that mad rush as soon as that slows down it starts pulling back some people are going to try to short it so there's so many strategies that are going to play in here but here's what i want you to do if you want to buy tesla long term don't buy tesla long term just because you hear about people talking about it or you're worrying about the fear of missing out i want you to buy tesla long term because you understand the business model you believe in what elon mass is doing and you know for sure that this company is worth 393 billion dollars and i guarantee you that after monday the price of this company might be 300 or maybe 400 billion dollars who knows but i want you to approach it from that perspective especially if you want to hold it long term if you're day trading it you have no emotions all you want to do is either go in uh low and and sell high and if you are people that do short selling you want to buy high and you want to sell high and then buy low and make some profit that's it but if you're long term you want to hold this for for the long run make sure that you understand that this company has so many other company not just cars and here's where i personally i'm holding have a position um in in my account that i'm going to hold long term the reason is because i don't just look at tesla as a car manufacturing or ev car manufacturing company i look at it more as a technology company first and then secondly uh from a business standpoint yes they do make cars do make cars that people are excited about secondly they've actually shifted their business now they do talking about not just supplying uh cars but also supplying batteries and they have uh i think battery day is coming up and illa must is going to present on battery day and so they're going to try to make battery as a service so b a a s so that's barriers a service where um and people can can actually um subscribe to to the service and get batteries i don't know how they're going to do it if you're going to get your battery shipped to you every month or you can go get it charged somewhere um i know at the fee and get your battery replaced every month i don't really know how that's going to work but they are building that business model and then the solar panels too where hey not only would you get shingles in your house but the shingles are going to be solar panels so you have shingles that are powering your house which is awesome and then they have the mega pack which is actually used um to store power so if you go to like windmills and all these other places you can store windmills even in your house you can have a mega pack where um you have backup power where if you like where to go off it would switch that backup and and continue to power your house until lights come back so um tesla has so many things um going on for them um and again i'm anticipating that uh once you're staying um the market opens on monday morning the price of this stock is probably going to move a lot but right kind of ten percent um just to start the day but eventually um pretty slowly back up to somewhere around the six seven hundred or eight hundred mark even by december because battery days people are going to be talking about tesla so they're not going anywhere soon um i'm super excited about it so um question of the day guys what do you anticipate uh is going to happen to tesla in the next three months um again let me know in the comment section my personal take i think the price is going to squeeze up um during the market open on monday there will be a huge rush and then slow down before maybe a little pull back and then gradually start pulling up again um over the long run but again i want you to go in with that mindset that this is not just um because everybody's talking about it or the fear of missing out that you understand why you're investing in this company long term you're not worried about anything so hey let me know in the comment section again if you're looking to get started with investing um now we have a promotion going on with webo way if you sign up um using the link in the description you get two free stocks not one two to get you started when you deposit a hundred dollars i think it's a wonderful deal to get free stocks to get you started it's awesome so again check the links in the description below and as always guys stay motivated