I recall somebody said that Tesla is much better understood as a meme stock company, and honestly that’s the best description of it that I’ve heard. The stock value is completely divorced from the actual product, it’s just hype. And as a result the company focuses on ensuring hype persists rather than making decent products.
I recall somebody said that Tesla is much better understood as a meme stock company, and honestly that’s the best description of it that I’ve heard. The stock value is completely divorced from the actual product, it’s just hype. And as a result the company focuses on ensuring hype persists rather than making decent products.