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A comment on Tesla Shares Fall as It Fails to Make It into S&P 500 Index. Parent comment

Re:Tesla Shares Fall as It Fails to Make It into S&P 500 Index by bryanlarsen on Tuesday September 08, 2020 @09:58AM (#24408401)
Tesla's stock is the 8th most popular stock on Robinhood.[1]

Tesla was the 9th largest company listed in the United States by market cap.[2]

1: https://www.fool.com/investing/2020/08/03/here-are-the-top-1...

2: https://markets.businessinsider.com/news/stocks/tesla-surpas...

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Re:Tesla Shares Fall as It Fails to Make It into S&P 500 Index by boomboomsubban on Tuesday September 08, 2020 @10:15AM (#24408580)
This logic is how bubbles form. "Lots have people have dumped tons of money into it" is not proof the company is doing well.
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Re:Tesla Shares Fall as It Fails to Make It into S&P 500 Index by bryanlarsen on Tuesday September 08, 2020 @10:23AM (#24408674)
No, but it is proof that it's large and widely held. The comment I'm replying to said it wasn't either.
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Re:Tesla Shares Fall as It Fails to Make It into S&P 500 Index by boomboomsubban on Tuesday September 08, 2020 @10:35AM (#24408802)
Stock owners aren't a consumer base.
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