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by jandrese 353 days ago
Tesla is a meme stock. Any relation to their fundamentals is purely a coincidence.
2 comments

The market can stay irrational longer than Tesla can stay solvent.
Would not necessarily call it a meme stock as long as people are trying to value it based on future uncertain cashflows. Nobody knows for growth stocks how high they'll be; that's why they're very volatile. Yet I'd argue that most people buy for the future cashflows and it's not a meme cult like GME