This doesn't actually prove anything, right? Isn't this a textbook case of how a confounding variable could explain the effect?[1] It's also a bit disingenuou

This doesn't actually prove anything, right? Isn't this a textbook case of how a confounding variable could explain the effect?[1] It's also a bit disingenuous to claim "before the tweet, Tesla stock prices are well-predicted by the S&P 500" -- anyone can take a quick glance at 1 or 5 year charts of SP500 vs TSLA and disabuse themselves of that notion quite quickly. [1]: https://en.wikipedia.org/wiki/Confounding https://en.wikipedia.org/wiki/Confounding