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I agree, but then let's stop pretending that there's an underlying value which the price of Tesla shares reflect. If Tesla is like Bitcoin, then it's an asset w
by Udik 6y ago
I agree, but then let's stop pretending that there's an underlying value which the price of Tesla shares reflect. If Tesla is like Bitcoin, then it's an asset with no intrinsic value except for its rarity. And the only reason people buy it is that they hope reselling it at a higher price. Nothing wrong with it, just let us be clear about that.