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If the stock was driven by a 'cult' then it would have gone up differently. It has gone up because auto players all lost like 30% because of COVID and Tesla lo
by nickik 6y ago
If the stock was driven by a 'cult' then it would have gone up differently.
It has gone up because auto players all lost like 30% because of COVID and Tesla lost like 5% while still being profitable and still show very good margin and demand.
Plus they products in their future that are gone sell incredibly well in addition to the massive scaling that is still ongoing for Model Y. Semi, Cybertruck are gigantic market that Tesla will have a huge market share in for the next 5 to 10 years at least.
I worry about Bus factor with Elon too, but to assign the stock price to him is a waste over estimation.