People who blame Musk for the price action on Tesla are just ignorant. That company has been criminally overvalued for a long time and now it's going back to its fair valuation.
Anybody who thinks that a car company selling less than a million cars a year is worth more than the entire rest of the industry should not invest a single dollar outside of S&P500.
EggProfessional995 t1_j1yqxkq wrote
Reply to comment by Significant-Stay-760 in The best part in movies is when the actor casually walks away from something they just blew up by Technical_Staff6949
People who blame Musk for the price action on Tesla are just ignorant. That company has been criminally overvalued for a long time and now it's going back to its fair valuation.
Anybody who thinks that a car company selling less than a million cars a year is worth more than the entire rest of the industry should not invest a single dollar outside of S&P500.