[margalabargala]

Part of the reason that Tesla has been so valuable, is that is was/is seen as an investment in Elon Musk as a person, not specifically just Tesla. SpaceX is a private company, so people can't invest in that. But Tesla's stock price has in the past seen spikes and dips associated with successes and failures by SpaceX.

Right now, Musk has a decent amount of power over the domestic functions of the US Government. Regardless of your opinions about that fact, it's an objective truth that that is an economically valuable position for a person to be in. And so, Tesla stock remains high, independent of the performance of Tesla the automaker, and frankly independent of many people's opinions of what Musk is doing.

Were Musk to get booted from the current administration, and Tesla sales to increase 30%, I think the net effect of that would be a drop in Tesla stock.

[blisterpeanuts]

Like many unicorns. During the Dot Com era, when Oracle chief Larry Ellison was briefly thought to be lost at sea on his sailing yacht, Oracle’s stock tanked, then recovered after he was found safe.