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I don't know if they thought it was doomed, but I highly doubt a single one of the buyers think it's worth $500+ a share. That's not why they're buying it. Unl
by SamBam 6y ago
I don't know if they thought it was doomed, but I highly doubt a single one of the buyers think it's worth $500+ a share. That's not why they're buying it.
Unless there's some other scheme that I'm unaware of, I think Tesla buyers do think it's worth that much, though they may be wrong about that.
- Apocryphon 6y agoI doubt that a majority of Tesla buyers realistically think the company is worth as much as most of the rest of the auto industry. In both cases you have overvalued meme stocks, it's just with GameStop there's an ideological/activism motivation.