[whimsicalism]

> Unless the market can remain bored longer than institutional investors can remain solvent...

Don't let nit-picky facts like that institutional investors control substantially more capital than retail investors get in the way of a good narrative.

[dralley]

Tell that to all of the institutional investors that have lost money shorting Tesla.

No, there is no good reason for Tesla to be valued the way it is - but there is no shortage of people willing to buy it without putting too much thought into the price, either.

[marketgod]

Tons of good reasons. My model says $TSLA should be $1,000 a share and is undervalued. It should be there for March and even earlier. $5,000 in a decade.

[apexalpha]

haha, are you on the wrong site?