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hnlmorg 10 hours ago

> the only thing keeping Tesla where it is is the bullshit dispersal field that surrounds Musk.

I'm not 100% what you mean by "dispersal field", but outside of America, Elon's image in recent years has done more harm to Tesla than good.

Slartie 9 hours ago | parent | next [-]

I think he meant "keeping TSLA where it is".

Tesla's sales have suffered, yes, and Elon's image is a significant contributor to that, besides all the reasons directly related to the cars themselves.

But Tesla's stock price is still stuck in irrational heights, not even remotely justifiable by the company's performance.

It just seems that people reconsider purchasing a physical object way quicker than they reconsider a stock investment. Maybe because the stock investment, especially in TSLA, is considered more like a gamble - "as long as others also think that this stock will skyrocket, even just because they think that others like me think it will skyrocket - as long as that's the case, I'm good with buying shares".

a2tech 8 hours ago | parent | prev [-]

Tesla is a meme stock. Its being buoyed up by retail investors (Elon Musk fanbois) and, its been said, by Saudis and others who were trying to curry favor with him (possibly to try and get Trumps ear or other greasy bullshit). The stock is completely divorced from reality, which also attracts further investment--as long as its disconnected from the fundamentals of being a company that has to make a profit, you can argue its worth 100 million billion dollars or a googel, both are just as valid.