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The market is currently valuing the stock based primarily on their robotaxi initiative and humanoid robots.
by cglace 2y ago
The market is currently valuing the stock based primarily on their robotaxi initiative and humanoid robots.
- mullingitover 2y agoThe market is currently valuing it on what it thinks other investors in the market will value it at. It's a class in the Greater Fool Theory of investing, writ large.
- toomuchtodo 2y agoWhat do you think it would take to create a cascading loss of confidence in the security?
- jimnotgym 2y agoTime
- throwaway48476 2y agoTime and bad results. That said the market can stay irrational longer than you can stay solvent.
- jimnotgym 2y agoI think you are right. A minor shock in share price from a bad profit announcement will cause certain traders to have to sell to stop the loss getting worse, probably by an automated stop-loss order. This will start a chain reaction.
- tobias3 2y agoThose are two startups attached to a destroyed brand and an auto company. Idk why anyone would invest.