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Share price is linked to Elon Musk’s cult of personality more than Tesla itself.
by cedws 2y ago
Share price is linked to Elon Musk’s cult of personality more than Tesla itself.
- sofixa 2y agoInteresting, I would expect the opposite. The man is almost universally hated nowadays, and his antics are annoying. He should be tanking the stock price, not the opposite. But you know what they say - the market can remain irrational longer than you can remain solvent.
- belter 2y ago"Tesla is running out of excuses for its prolonged sales slump" - https://finance.yahoo.com/news/tesla-running-excuses-prolonged-sales-110002470.html https://finance.yahoo.com/news/tesla-running-excuses-prolong... Most shares down today...Tesla up 6%...Insanity....
- talldayo 2y agoI wouldn't be surprised if that 6% was Tesla's investment in Nvidia hardware appreciating. After all, it's not like Elon can build efficient or world-class training hardware himself, can he?
- sfmz 2y agoIt seems like Tesla can stay in a hype state as long as there are big unknowns: the current ones being what will the effect be of AI + humanoid-AI-robots (optimus) bring to bear on their situation.
- 7e 2y agoAlso, Elon Musk regularly buys massive amounts of Tesla call options to force the market to cover. That jacks the price. Blatant manipulation of the stock.