If it were only that TSLA is a way for retail investors to buy shares of ELON, Tesla wouldn't need to do a Robo taxi rollout in Austin to bolster claims that FSD is for real.
Elon can't levitate TSLA and other valuations by himself. There has to be at least the appearance of substance. That appearance is wearing thin. While I'm going to observe the caution that the market can stay irrational longer than I can stay solvent, once reality assert itself, Elon will be powerless to recreate the illusion.
Elon can't levitate TSLA and other valuations by himself. There has to be at least the appearance of substance. That appearance is wearing thin. While I'm going to observe the caution that the market can stay irrational longer than I can stay solvent, once reality assert itself, Elon will be powerless to recreate the illusion.