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Except none of this is new. Tesla has been overvalued for the better part of the last decade but it shows no signs of coming back to Earth any time soon. Elon'

Except none of this is new. Tesla has been overvalued for the better part of the last decade but it shows no signs of coming back to Earth any time soon. Elon's individual reputation doesn't seem to have much effect on the company's value either. It's not like people only just started hating him recently. Tesla's valuation will inevitably come crashing back down to reality, but something will have to change to trigger that collapse. My bet is the change will have nothing to do with Tesla or Elon. It will be some seemingly-unrelated change entirely outside their control.

moolcool 2y ago
> but it shows no signs of coming back to Earth any time soon. It's down almost 40% YTD
diggan 2y ago
> Elon's individual reputation doesn't seem to have much effect on the company's value either. It's not like people only just started hating him recently. Unless the company fucked up something majorly in recent times, what is the reason for the stock price to fall so fast right now? Large swaths of people who would have been perfect customer for Tesla, have committed to never buying anything Tesla, especially because of his very public nazi-salute and supporting far-right parties in Europe, and sales are already down across the world. Did people stop buying Tesla because some new software update, or could it possibly be because of Musk's behavior as of late?