I have not been able to figure the market’s reaction thus far. Everything is indicating a big contraction. We’ve told markets hate uncertainty, well…. There’s never been more uncertainty in my lifetime
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The market is so vibes based they are just not going to admit reality yet. That’s why people get burned so often.
Look at Tesla stock. There is no reason to value that company where it is right now. They talk it up by saying it’s “a tech company not just a car company” but that’s cope.
That guy thinks we’ll all be in fully self driving cars in 5 years because Elon is in government. That’s so stupid and obviously not going to happen. Where is the money going to come from for everybody to go buy a new vehicle?
Yeah and like Andrew kept asking, if there are still human operated cars how do you prevent mass casualty wrecks? “Just trust me brah! Invest in my new idea, man!”
HOA lanes from NYC to Miami. Just crawl in the back of the car and nap while it drives at 100mph?? Yeah, not in our lifetime. Tesla uses line of sight cameras. Going to need more than pinhole cameras for FSD
They’re a car manufacturer, primarily. If it was a tech company, you’d see them license the tech or see it in their cars. Elon like like to play techy and is as good with that as with gaming…
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Look at Tesla stock. There is no reason to value that company where it is right now. They talk it up by saying it’s “a tech company not just a car company” but that’s cope.
https://stocks.apple.com/AtZ3YB-zcQ8qIrv5gDlb9og