Isn't it more likely speculation on future stock price than a belief in real world performance? People can pretend it's due to diligent research resulting in a

Isn't it more likely speculation on future stock price than a belief in real world performance? People can pretend it's due to diligent research resulting in a confident position that Tesla will come out on top, but that sounds more like someone trying to create a narrative rather than admitting a lot of people are gambling.