No good reason for Tesla to still have a 1.5t market cap when Toyota sells 10x more cars at 300b, or ford sells twice as much at 50b. The quality sure isn’t better, and I doubt the margin on sales makes up for this.
The only competitive advantage is an egotistical nazi imbecile at the helm, and I only say it’s an advantage simply because they’re still holding value somehow
The market is completely divorced from fundamentals. It’s a casino, and the government bailing out connected companies every downturn has perverted the natural pricing of these stocks.
Right? But it’s been like 7 plus years, longer really, at some point the FED and USG (US government,) won’t be able to hold up this house of cards. But when?
The sad fact is they will bail these assholes out on our backs too, another straw, with the promise of trillions of straws on our backs. Something has got to give here. We are on an unsustainable path.
No good reason for Tesla to still have a 1.5t market cap when Toyota sells 10x more cars at 300b, or ford sells twice as much at 50b. The quality sure isn’t better, and I doubt the margin on sales makes up for this.
The only competitive advantage is an egotistical nazi imbecile at the helm, and I only say it’s an advantage simply because they’re still holding value somehow
The market is completely divorced from fundamentals. It’s a casino, and the government bailing out connected companies every downturn has perverted the natural pricing of these stocks.
I wonder how long that can continue, somethings gotta give with all these straws they keep adding to the struggling camel, one assumes anyway
Right? But it’s been like 7 plus years, longer really, at some point the FED and USG (US government,) won’t be able to hold up this house of cards. But when?
The sad fact is they will bail these assholes out on our backs too, another straw, with the promise of trillions of straws on our backs. Something has got to give here. We are on an unsustainable path.