[thunky]

> I don't own TSLA but it could crash the market if it drops that low.

TSLA is about 2% of the s&p. If they crash I think the market will shrug that off easily. Tesla's (lack of) success is not tied to the health of the larger market, and everyone knows they are overvalued so there would be no surprise factor either.

[aurareturn]

It's not about how much of it is the S&P. It's about sentiment.

[LeFantome]

I agree with that but I also agree that everybody knows they are overvalued. A Tesla crash is unlikely to spook the market that much.

[aurareturn]

The mother of all meme stocks collapsing would trigger people to exit all very risky equities.

[hashstring]

I doubt it.

[aurareturn]

I don't doubt it.