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by lotsofpulp 81 days ago
Sorry, I forgot how I phrased that. Although I disagree that Tesla’s sustained market cap over many years is what it is due to the market rewarding mass stupidity.

The company has recently successfully executed at making and selling a new type of product, so it is not unreasonable for investors to bet on further advancements.

Or maybe they think the leader is just sufficiently willing to be or adept at being corrupt that they will also benefit from his shenanigans.