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US Politics 4w
The value of some corporations is all vibes. Tesla sells less than 3% of cars, but is worth more than the rest combined. This is fake value. We can’t sustain this
22 upvotes, 5 comments. Sidechat image post by Anonymous in US Politics. "The value of some corporations is all vibes. Tesla sells less than 3% of cars, but is worth more than the rest combined. This is fake value. We can’t sustain this"
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5
upvote 22 downvote
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Anonymous 4w
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upvote 8 downvote
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Anonymous 4w

Their value is because they have a ton of buffoons high on hopium holding the stock

upvote 5 downvote
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Anonymous replying to -> #2 4w

Musk’s wealth is literally hot air. What happens when it turns out self-driving is killing ppl and it gets shut down. They’re treating a car company like a tech company bc hype and promises are the only thing holding it up

upvote 6 downvote
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Anonymous replying to -> OP 4w

Even tech companies get more scrutiny than Tesla. Tesla is an outlier because the whole fanbase just keeps on buying the dip. If it all goes to 0, people will be massively fucked. The only reason they’ve reported profits lately is because they sell emissions credits to other manufacturers

upvote 1 downvote
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Anonymous replying to -> #2 4w

If something were to happen ppl will be wiped out, just by it correcting to fundamentals. I only invest in fundamentals, sure it grows slower but I don’t have to worry about value disappearing overnight

upvote 7 downvote