Well, yeah, because he's signing the US government up to contracts to buy Tesla crap. That makes the company seem more valuable than perhaps it actually is.
Most shareholders (pension funds, etc) know where the share price is going. Looking at the share price over a few weeks is meaningless. My OH worked for Google and was part-paid in shares - some years, we've looked like millionaires, others, seeing our retirement plans go out of the window
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It is OK to laugh?