this is an extremely surface level understanding, the stock markets value tesla highly because of a history of government subsidies and protections as well as musks perceived closeness to the white house because of how much he paid into the presidency. This has been shown directly through stock analysis around certain events such as the results of the recent american presidency election which led to the stock of tesla drastically increasing overnight. and surging ever since, with notable drops during times when he feuded with trump more openly, losing a 150 bn dollar valuation over just a couple of days at the time of june 5th. And they only started to marginally improve after musk apologized.
None of that goes against what I said, or is even necessary to add. The market decides the valuation basically - that’s what I said. That’s what you then said, while saying my statement was “an extremely surface level understanding”.
The stock market is all about hopes and dreams, expectations, fear, uncertainty, doubt, and a massive dollop of manipulation.
you compared a tesla to a Lamborghini… and were complaining that chinese evs selling well doesn’t mean theyre better than teslas when objectively many of these cars have a bunch of reasons that they are reviewed better than teslas. You using the stock market to act like teslas are some gold standard has some pretty big importance as to why it matters to bring up Elon Musk and government subsidies, because tesla wouldn’t have that valuation at all without those realities.
this is an extremely surface level understanding, the stock markets value tesla highly because of a history of government subsidies and protections as well as musks perceived closeness to the white house because of how much he paid into the presidency. This has been shown directly through stock analysis around certain events such as the results of the recent american presidency election which led to the stock of tesla drastically increasing overnight. and surging ever since, with notable drops during times when he feuded with trump more openly, losing a 150 bn dollar valuation over just a couple of days at the time of june 5th. And they only started to marginally improve after musk apologized.
None of that goes against what I said, or is even necessary to add. The market decides the valuation basically - that’s what I said. That’s what you then said, while saying my statement was “an extremely surface level understanding”.
The stock market is all about hopes and dreams, expectations, fear, uncertainty, doubt, and a massive dollop of manipulation.
you compared a tesla to a Lamborghini… and were complaining that chinese evs selling well doesn’t mean theyre better than teslas when objectively many of these cars have a bunch of reasons that they are reviewed better than teslas. You using the stock market to act like teslas are some gold standard has some pretty big importance as to why it matters to bring up Elon Musk and government subsidies, because tesla wouldn’t have that valuation at all without those realities.