3 ms·
At this point, pretending that TSLA has anything to do with the company Tesla is grotesque. I applause the length to which you go to justify yourself. TSLA is
by rainyMammoth 6y ago
At this point, pretending that TSLA has anything to do with the company Tesla is grotesque. I applause the length to which you go to justify yourself.
TSLA is a meme stock that operates on a narrative that "TSLA always goes up". It's pure speculation and that bubble is going to pop very badly. And it might take the whole economy with it now that it is in the SP500 with a ridiculous valuation.
- michaeljohansen 6y agoS&P500 has a total market cap of $31T. Tesla's current piece of that index is ~2%. A bubble pop would be unlikely to "take the whole economy with it" (thankfully).
- rainyMammoth 6y agoWhen Tesla pops, it will potentially lose 80 or 90% of its values over a couple days/weeks. Even though that's only 2% of the SP500, it will trigger a panic sell for related companies in the same industry, and it might eventually become a macro indicator.
- maxharris 6y agoI'm sorry you missed out on one of the best investments of the decade, but there is a lot of room left for this to run. Tesla's coming FSD and robotaxis still haven't been priced in. https://www.youtube.com/watch?v=hx7BXih7zx8 https://www.youtube.com/watch?v=hx7BXih7zx8
- stopChanging 6y agoThat's not two things, it's one, and I just don't see Tesla self driving panning out anytime soon. They've made wild claims about it for years now, but the actual product has progressed slowly. There have been far more failures than successes in that field over the past decade, and it's perpetually been given a "just a couple more years" timeline.