Am I mistaken, or didn't musk just basically state that if this new " affordable " car line they are trying doesn't work, then that's it , kaput ? Perhaps not in that stark of contrast, but certainly to that effect.
Which is why I'm surprised to see the tear on TSLA.
Market treating TSLA with all deference to obstacles, giving it the largess of faith in some new groundbreaking technology. But, that's just it, TSLA is NOT a tech company, they are a car company. The use of all electric is becoming less unique, more ubiquitous, and as such more fungible. Meaning, TSLA is not sliced bread.
Starting to feel a whole lot like 1999 in the market
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