Tesla dealerships are getting protested and, in some cases, vandalized. Sales are down on 9 of the top 10 countries Tesla sells in. Yet Tesla stock is up. Twitter is a cesspool of nazi-themed bots, and somehow just pulled in $1bn and raised its valuation back up to $44bn.

How is any of this possible? It seems really artificial to me, but I don’t really understand business.

  • @[email protected]
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    227 days ago

    The PE ratio for most established carmakers is near 7. Tsla is near 120 last I checked. Some bubbles pop.