News for hackers. Stuff that matters.

A comment on Tesla stock tanks as much as 9% after execs resign and Elon Musk smokes weed. Parent comment

Re:Tesla stock tanks as much as 9% after execs resign and El... by gmiller123456 on Friday September 07, 2018 @01:49PM (#17936222)
While I get your point, Musk is pretty far from a traditional CEO. It's also important to point out that people investing in Tesla are also very likely pretty far from your traditional investor investing in a traditional industry.
[ Parent | on HN ]
Re:Tesla stock tanks as much as 9% after execs resign and El... by bdcravens on Friday September 07, 2018 @03:15PM (#17936905)
> people investing in Tesla are also very likely pretty far from your traditional investor investing in a traditional industry.

Source? A lot of people invest in growth stocks, and really don't care about corporate missions. TSLA is held in some mainstream funds (https://www.investopedia.com/articles/investing/090215/4-mut...) which sends some strong signals to traditional investors.

[ Parent | on HN ]