ASAP wrote that sounded more like a political comment than anything to do w the stock itself...
it doesn't matter who is who... when the core fundamentals of the company are absolutely awful by just about every metric... in 2021, said person had nothing to do w the government and yet the stock went 10x in value... what lol
Yeah, but when has Tesla's valuation ever really made sense? The one time I touched it, I got burned, so I'm staying away. I cannot predict where it is going to go, it makes little sense given the underlying fundamentals.
And Elon is so mercurial - I think part of the valuation is this hope that he's going to introduce the next best thing under the Tesla brand...but why? Why wouldn't he just create a new company for it...he's done it before, and its making him money. At this point, I wonder if we might see a return to normalcy of Tesla stock price (which will be hundreds of dollars below what it is trading), but probably not, because the whole thing is inexplicable.