Biggest Meme Stock on the planet. Their products are garbage. If China was allowed to sell in the US, Tesla would be toast.
mushroomwzrd on
But Reddit told me it’s going to tank and everything Elon touches will burn?
EndersInfinite on
so the valuation is no longer based on vehicle sales, but is based on the unlikely potential of self driving working for Tesla, just with cameras and the future potential robotics division, which is already falling behind Chinese competitors who will be able to manufacture and sell for cheaper
MicroSofty88 on
Isn’t this because musk bought like a billion dollars of stock himself?
5 Comments
Biggest Meme Stock on the planet. Their products are garbage. If China was allowed to sell in the US, Tesla would be toast.
But Reddit told me it’s going to tank and everything Elon touches will burn?
so the valuation is no longer based on vehicle sales, but is based on the unlikely potential of self driving working for Tesla, just with cameras and the future potential robotics division, which is already falling behind Chinese competitors who will be able to manufacture and sell for cheaper
Isn’t this because musk bought like a billion dollars of stock himself?
Meme stocks do exist.