pknopp
Diamond Member
- Jul 22, 2019
- 68,921
- 26,348
- 2,210
That would assume that Tesla’s profitability doesn’t change. People are betting otherwise.Kind of. People are betting on Tesla’s future prospects. It’s a company developing cutting edge technology and rapidly expanding.I don’t know. I love trolling hedge funds but this is clearly market manipulation, not economics at play.
It has been noted that it would take something like 1400 years for Tesla to make what it's stock is valued at.
That is economics at play?
Gamestop ain’t that.
Kinda? It is or it isn't. No one is cashing out in 1400 years.
None of the markets are based upon realities any longer.