It’s because Mark Robert said he was still buying a new one after driving his through a wall.
Comment on What is happening with Tesla (TSLA) stock currently? 📈
givesomefucks@lemmy.world 1 week ago
The same thing it always does…
Bounces around wildly because it’s based on hype not actual value of the company
fmstrat@lemmy.nowsci.com 6 days ago
brucethemoose@lemmy.world 1 week ago
This ^
It seems like a dismissive statement, but Tesla is the embodiment of this era’s “hype” investing. So many players have it leveraged like a big casino game, and the end result is (mostly) that small time or “slow” investors (like your retirement fund) get screwed over.