> Also, anyone who buys a Tesla because they like SpaceX rockets is an absolute dunce. That's like subscribing to the Washington Post because you like the navel

> Also, anyone who buys a Tesla because they like SpaceX rockets is an absolute dunce. That's like subscribing to the Washington Post because you like the navel oranges that Amazon Fresh delivers. You're not getting it. Musk is running Tesla as a tech company, NOT a "car" company. That's why he's been able to build the company through years and years of unprofitability, as Bezos did with Amazon. You're also not understanding the stock market (which is timely). Once that stock is sold to the market, the stock price only affects people's bonuses. It doesn't have any impact on the company's production or revenue. People buy (or sell) stock based on whether they think the price is going to go up or down. It's that simple. Tesla doesn't pay a dividend, and doesn't confer any meaningful voting rights (as Musk has secured a supermajority). There is LITERALLY no other reason to hold Tesla stock than to think it will go up. There's no other value to it. Why would it go up? Because of good press. Good press comes from a lot of events. The company doing well, financially, is great news! But rockets and satellites are just as good, if not better, than reports of high-quality automobiles. There's a very, very thin relationship between non-voting, non-dividend-paying stock, and a company's fundamentals. It's mostly a shared illusion that it's based on financials which makes the stock market work at all.