It seems more like a memecoin now.
The fact the company is totally not interested in making normal, sustainable net zero cars
(it always has to be something dumb - an unusable truck with pedestrian killing angles,
removing stalks, adding an irritating reflective internal light bar,
a useless entertainment screen in the back whilst there is still no basic instrument cluster or easy way to enable disable wipers), should be a warning.
But it's not.
People are buying Elon's gimmicky crap, exchanging Tesla cars even faster than ICE ones.
Social media is trying to brainwash everyone like you are missing out, JUST like shitcoins.
It's all extreme and utter horseshit!
I'm skeptical of the price of any stock which does not pay dividends and Tesla is one of those stocks. To be fair, most of them are.
To be clear, this doesn't mean one cannot make money off such stocks but a very important price signal is muted in such cases.
