I've seen a lot of amazing robot videos lately that aren't CGI (as was the case a few years ago) and none of them are from Tesla Optimus. The Robotaxi videos have not been encouraging either. Waymo just got a license for the notoriously difficult San Fransisco airport SFO. I can't imagine a Tesla Robotaxi successfully navigating that place based on the videos I've seen.

I understand the faith people have in Musk based on SpaceX, but that doesn't seem to be translating to cars and robots.

Were you around in 1999? Everyone knew stock prices were absurdly high, but why not buy this one, just to say you have it? Like the NFT craze a few years ago?

We're at over a trillion in margin debt in the US stock market now, according to some reports. That's a few thousand $ per capita here, though some of that comes from abroad, some is used for options or complicated shorting strategies or whatever, but like some successful pros point out, black swan moments happen with regularity, though unpredictable, a "not a question of if, but when"