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Yet the stock refuses to go down from a PE of almost 200, to the dismay of my options play... :-)
by afh1 1y ago
Yet the stock refuses to go down from a PE of almost 200, to the dismay of my options play... :-)
- vladd 1y agoThe market can remain irrational more than you can remain liquid.
- fancyswimtime 1y agono crying in the casino
- heavyset_go 1y agoIt's a meme stock, fundamentals don't matter, just vibes.
- llm_nerd 1y agoWhich is precisely why the company cannot split with Elon, and people who think it will are deluded. Elon has a very loose association with truth, in a manner that usually yields long prison sentences. For many years he has been engaging with what could accurately be called securities fraud, and there is always some amazing new mega revenue stream just around the corner. If Tesla fired Elon (in an imaginary world where he didn't control the board), any competent hire would have to seriously say ooof and point out all of the mega risks the company faces. With Elon it's all magic and fairy tales and soon a trillion super robots and robotaxis to Mars and...