Obviously....the entire american stock market is manipulated like this.....America has to hide its inflation somehow right???? The $T peg is the beginning of hyperinflation and clearly the entire economy is disconnected from reality.....American economics are a farce right now...your country is weapons and memes....you build nothing, services are revoked by tech bros and the entire world suffers for it....musk is one of the players...not the whole team though...buffet....gates...bezos....altman....amodei....fake fake fake fake fake fake fake
people like George Noble while smart and arguing for common sense
unfortunately lose when hysteria and foolishness i.e memes take over.
Tesla is a meme stock. SpaceX will sell dreams about datacenters in space.
as long as gullible foolish people believe in the meme or the fantasy dreams - arguing your case about valuation will just leave your pockets empty & voice dry.
the only unfortunate thing is now retirement accounts might get torched.
So is Tesla. The fly in the ointment is the Tesla demonstrates how long you can keep the scam running. It's been three years since Tesla was a growth technology stock. Now it's an EV manufacturer that has under invested in follow on products. But the P/E ratio is still astronomical.
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[ 3.6 ms ] story [ 33.8 ms ] thread“We are selling to willing buyers at the current fair market price.”
unfortunately lose when hysteria and foolishness i.e memes take over.
Tesla is a meme stock. SpaceX will sell dreams about datacenters in space.
as long as gullible foolish people believe in the meme or the fantasy dreams - arguing your case about valuation will just leave your pockets empty & voice dry.
the only unfortunate thing is now retirement accounts might get torched.
i think the problem starts with mistaking such business for a philanthropic or non profit model.
that being said investors are a major "chattel" and if you abuse them, you start having problems.