Comment by Workaccount2
Comment by Workaccount2 2 days ago
Best of luck, I can't tell you how much I have lost having rational takes on Tesla that proved correct in reality, but ultimately immaterial to shareholders.
Tesla stock is a cult stock. People buy it because it goes up. It always goes up. Wall street has long been clued into the brain damage and delusions it's core investors have, and are more than happy to play into the fantasy. Its a company of perpetual massive promises while always carefully dancing around "hammer drop" days.
Robotaxi isn't launching, it's being rolled out over months slowly. Which will turn to years, but like always Elon will be "1 year away" to Tesla paradise. Everything this company is priced on is slowly "rolling out" with the full launch "just around the corner".
Tesla FSD right around the corner
Tesla Semi right around the corner
Tesla <$25k EV right around the corner
Tesla robotaxi right around the corner
Tesla Optimus robot right around the corner
Tesla supercar right around the corner
And people really genuinely believe this is all right around the corner, so load up now while it is still "undervalued"...
But just to be honest here, the people who have full on bought into the hype have made incredible amounts of money.
> But just to be honest here, the people who have full on bought into the hype have made incredible amounts of money.
They'll only have made incredible amounts of money once they sell the stock for an incredible amount of money to a buyer that gives them incredible amounts of money. Before that they just have a share of the above empty promises.