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"Stock Plunges"? If anything, TSLA seems to continue to ride high with only small relative deviations with news that would gut any other stock. Not to say I a
by claydavisss 8y ago
"Stock Plunges"?
If anything, TSLA seems to continue to ride high with only small relative deviations with news that would gut any other stock.
Not to say I am bullish on TSLA...quite the opposite. TSLA will inevitably crater but it is going to take most of the NASDAQ with it and probably wipe out the mobility 2.0 market segment and the EV and nascent AV markets.
Silicon Valley is way overdue for a serious garbage collection cycle....TSLA is going to trigger it eventually. Its not all bad: a big reset in SV would benefit the big players like Apple and Google who will suddenly have a much deeper and cheaper talent pool to access.