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/biz/ - Business & Finance

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18724030 No.18724030 [Reply] [Original]

Explain how Tesla mcap makes any sense especially during pandemic and recession wtf is going on.

>> No.18724044

>>18724030
It doesn't. Don't buy.

>> No.18725224

>>18724030
I have a hypothesis:

Because of corona old people die.

Boomers get their heritage.
Boomers are idiots and pump their money into tesla.

>> No.18726270

>>18724030
>None of these companies will survive the rest of the year.

>> No.18726287

>>18724030
I've have 4 shares of Ford just because I'm hoping it recovers. I still see a ton of F-150s on the road, and my car is a Ford.

>> No.18726292

>>18724030
Tesla really is a battery company masquerading as a car company. For whatever reason Wall Street is valuating it as a tech company

>> No.18726296
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18726296

>>18724030
and the options expiring this friday go up to like 1300...
im short the 1270 btw (male)