this post was submitted on 15 Sep 2025
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[–] Ilovethebomb@sh.itjust.works 1 points 1 day ago (1 children)

As someone on r/Wallstreetbets once said, I can stay irrational longer than you can stay solvent.

There's enough people who genuinely believe the company is worth that to keep the value high for a very long time.

[–] suicidaleggroll@lemmy.world 9 points 1 day ago* (last edited 1 day ago) (2 children)

There’s enough people who genuinely believe the company is worth that to keep the value high for a very long time.

I don't think there are. I just think there are a lot of people who believe they're going to be able to get in and out before the Tesla bubble pops. Actual, realistic value of the company has nothing to do with it.

[–] rc__buggy@sh.itjust.works 8 points 1 day ago

"greater fool" theory. Just gotta get out and leave someone else holding the bag. Easy to see with crypto rugpulls.

[–] Ilovethebomb@sh.itjust.works 2 points 1 day ago

That's also a possibility.