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Re: la-tsla-fan post# 85072

Friday, 03/01/2024 11:15:12 AM

Friday, March 01, 2024 11:15:12 AM

Post# of 86660
I understand the respect for elon and the valuation of the company beyond Ford or gm, as more than a car company. The current rally is AI driven. All other tickers without substantial earnings beats or AI developments that aren't priced in are the only volatility in the market.

To respond to your other remark, the entire purpose of the stock market is to provide liquidity of ideas and innovation in the form of shares. If a company is found lacking, it's liquidity and solvency begin to reduce. IE: No new news means investor interest will wane from the company. SpaceX and formerly Twitter are private entities, so it's reasonable that those developments aren't responsible for Tesla's valuation either, regardless of their worth and ties to Musk. Tesla, the company, is stagnating due to lack of exposure to this next trend. Full Self Driving is the only viable option to rectify this currently unless they develop something else. Even a competitive search engine against Google would still be separate from Tesla if Musk did that. Things to think on in coming days. Right now, it's stalling because of car sales.
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