When the dust settles, it will certainly be taught in business schools. And Musk will be in prison (not for FSD specifically).
I watched the shareholders meeting yesterday - it was amazing. Elon repeated all the same things, he kept telling for the past 5 years at least, none of which is close to become a reality. And none was described in any tangible detail - all very vague promises.
As for FSD, autonomy and Robotaxis, one has to remember when it was announced and promoted - when Tesla was close to bankruptcy (per Elon himself).
as GME, that trump social thing, et al. already showed it a couple of times fundamentals don't matter. Tesla is held by folks who either don't care (ETFs, institutions, hedge funds, blablabla) or Elondong lovers.
I'm not necessarily disagreeing, but, given enough capital, a lot of wild sounding things can become real. Hype is a great tool to attract capital.
Clearly Musk understands this very well and plays that game expertly.
It's really not necessary for all his promises to come true, as long as he can point to a track record of having made some of those wild things come true. So far, that's working.
sure, I mean Amazon hasn't paid dividends either, yet it's a good investment. so there are many ways to value a stock. and as Jim Simons showed the usual traders miss quite a lot.
When the dust settles, it will certainly be taught in business schools. And Musk will be in prison (not for FSD specifically).
I watched the shareholders meeting yesterday - it was amazing. Elon repeated all the same things, he kept telling for the past 5 years at least, none of which is close to become a reality. And none was described in any tangible detail - all very vague promises.
As for FSD, autonomy and Robotaxis, one has to remember when it was announced and promoted - when Tesla was close to bankruptcy (per Elon himself).