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as GME, that trump social thing, et al. already showed it a couple of times fundamentals don't matter. Tesla is held by folks who either don't care (ETFs, insti
by pas 2y ago
as GME, that trump social thing, et al. already showed it a couple of times fundamentals don't matter. Tesla is held by folks who either don't care (ETFs, institutions, hedge funds, blablabla) or Elondong lovers.
- svara 2y agoI'm not necessarily disagreeing, but, given enough capital, a lot of wild sounding things can become real. Hype is a great tool to attract capital. Clearly Musk understands this very well and plays that game expertly. It's really not necessary for all his promises to come true, as long as he can point to a track record of having made some of those wild things come true. So far, that's working.
- pas 2y agosure, I mean Amazon hasn't paid dividends either, yet it's a good investment. so there are many ways to value a stock. and as Jim Simons showed the usual traders miss quite a lot.
- rayiner 2y agoYou can’t half a half trillion market cap with a fanboy stock.