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Joined 2 years ago
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Cake day: June 21st, 2023

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  • One thing that must be made clear to casual observers is that the Tesla stock price is still batshit crazy high.

    The logic to support the price is:

    Your are not buying the current company, you are buying the cool stuff Elon is making in the future.

    Without that leap of faith, the price has to collapse. There is no way an electric car company will ever support even the current stock price.

    There will be a tremendous amount of copium ingested before gravity hits, but the bigger fool theory will have its way.