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> What happened in 2020 that made investors think Tesla was a tech company instead of a car company? My guess is nothing. Investors just piled on looking to m
by rootusrootus 4y ago
> What happened in 2020 that made investors think Tesla was a tech company instead of a car company?
My guess is nothing. Investors just piled on looking to make a quick buck on a rising stock, and it fed an enormous bubble. Money was looking for somewhere to go. The market is only rational over a very long timeline.