Re:Ask HN: Are we in tech-stock bubble?
by michaeljohansen on Sunday December 27, 2020 @08:37PM
(#25555913)
S&P500 has a total market cap of $31T. Tesla's current piece of that index is ~2%. A bubble pop would be unlikely to "take the whole economy with it" (thankfully).
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Re:Ask HN: Are we in tech-stock bubble?
by rainyMammoth on Sunday December 27, 2020 @09:37PM
(#25556196)
When Tesla pops, it will potentially lose 80 or 90% of its values over a couple days/weeks. Even though that's only 2% of the SP500, it will trigger a panic sell for related companies in the same industry, and it might eventually become a macro indicator.