But that’s all bubble. Tesla isn’t selling even enough cars to justify its current valuation, and sales are slowing down. The current valuation of Tesla is based entirely on hype, and has been for years. For ever, really, but in the early years it could be justified because it was the fastest growing car company ever, and EVs were new and hot. Now everybody is building EVs, and more than Tesla.
Why would this be my first time reading about the stock market? Do you think this is the first bubble?
Yes, hype and bubbles are common on the stock market, that’s not all it is, and that doesn’t make them okay. The dot-com bubble led to a crash. Other bubbles led to crashes. This one will too. How long that will take? That depends on the number of greater fools, or on how long they can keep inflating this with financial trickery.
Teslas are still the gold standard of EVs. They’re not the cheapest, but they’re what everyone wants.
That was years ago. Tesla sales are dropping in many places, while other the other EV sales are growing. Tesla has peaked, there’s no sign of anything that will reverse it. And their sales have never justified their stock value.
But that’s all bubble. Tesla isn’t selling even enough cars to justify its current valuation, and sales are slowing down. The current valuation of Tesla is based entirely on hype, and has been for years. For ever, really, but in the early years it could be justified because it was the fastest growing car company ever, and EVs were new and hot. Now everybody is building EVs, and more than Tesla.
Is this your first time reading about the stock market? It’s all about “hype” and “bubbles”.
Teslas are still the gold standard of EVs. They’re not the cheapest, but they’re what everyone wants.
Why would this be my first time reading about the stock market? Do you think this is the first bubble?
Yes, hype and bubbles are common on the stock market, that’s not all it is, and that doesn’t make them okay. The dot-com bubble led to a crash. Other bubbles led to crashes. This one will too. How long that will take? That depends on the number of greater fools, or on how long they can keep inflating this with financial trickery.
That was years ago. Tesla sales are dropping in many places, while other the other EV sales are growing. Tesla has peaked, there’s no sign of anything that will reverse it. And their sales have never justified their stock value.