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wampus they/them :marseyindignant::marseysmug2::marseytwerking::marseydance::marseywould::marseyfluffy::marseydab:  1d ago (reddit.com) 811 thread views #341636 earned 244 coins from votes

:soyjaktantrum: Why is Tesla stocks not collapsing? : stocks :soyjaktantrum:

https://old.reddit.com/r/stocks/comments/1imaowd/why_is_tesla_stocks_not_collapsing_genuine/ 

								

								

									
									

									
								

							

							

								
									
								
							

							

								
	

							

						

						
						

							

								
							

						

					

					
						

							
							
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I thought tesla's valuation in 2019 was insane but yeah actually it was dead on

						


						
							

							

								
									
								
							


							

								
	

							


							

								

									

										
										

									


								
						

					
				


				

				
					
	

	
		

			
		


		

			

				
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Tesla has been overpriced for ages and has really never made sense but anyone serious about stocks knows this and knows better than to expect a crash of it by now

						


						
							

							

								
									
								
							


							

								
	

							


							

								

									

										
										

									


								
						

					
				


				

				
					
	

	
		

			
		


		

			

				
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The cars are overvalued but the stock is betting on its self driving ai and future uber  cybercab bullshit to drive future profits. A big bet is on whether the new bus and taxis hes making can FSD and become widespread.

						


						
							

							

								
									
								
							


							

								
	

							


							

								

									

										
										

									


								
						

					
				


				

				
					
	

	
		

			
		


		

			

				
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The cars are overvalued but the stock is betting on its self driving ai and future uber cybercab bullshit to drive future profits.
Uber was waiting for that for like 10+ years

						


						
							

							

								
									
								
							


							

								
	

							


							

								

									

										
										

									


								
						

					
				


				

				
					
	

	
		

			
		


		

			

				
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They have the worst self driving tech right now until Elon stops being stubborn and adds LIDAR
They do have the most data though which is probably more valuable than the system itself

						


						
							

							

								
									
								
							


							

								
	

							


							

								

									

										
										

									


								
						

					
				


				

				
					
	

	
		

			
		


		

			

				
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I remember christmas 2020  :marseygunshotsuicide:, I had been making amazing burrito money off flipping a handful of tsla shares for the past year, but once December 25 hit and I was literally right over 100% up from my last trade, I cashed out everything happily without looking back.
BUT THEN ANOTHER STOCK SPLIT HAPPENED  :marseyrope:

						


						
							

							

								
									
								
							


							

								
	

							


							

								

									

										
										

									


								
						

					
				


				

				
					
	

	
		

			
		


		

			

				
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