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The huge spike in price was due to the 0% rates. Same thing for Bitcoin and Peloton. Hopefully society goes back to caring about FCF and reality.
by gitfan86 4y ago
The huge spike in price was due to the 0% rates. Same thing for Bitcoin and Peloton. Hopefully society goes back to caring about FCF and reality.
- coderintherye 4y agoYes and no. Tesla tracked fairly closely to the S&P 500 until October...which also happens to be when Musk closed on Twitter: https://www.google.com/finance/quote/TSLA:NASDAQ?comparison=INDEXSP%3A.INX&window=1Y https://www.google.com/finance/quote/TSLA:NASDAQ?comparison=...
- brightball 4y agoWasn’t that about the same time Tesla got docked on the ESG score too?
- alex_young 4y agoThe federal funds rate was very close to zero for 14 years.