Re:Elon Musk becomes world’s richest person as wealth tops $...
by fullshark on Thursday January 07, 2021 @11:55AM
(#25673515)
A ton of short sellers that have so far lost that bet handily.
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Re:Elon Musk becomes world’s richest person as wealth tops $...
by virgilp on Thursday January 07, 2021 @12:02PM
(#25673650)
"The market can stay irrational longer than you can stay solvent". This is nothing new.
I love Tesla but when even Musk himself looks at the stock price and tweets "LOL, stonks", you know something must be off.
Re:Elon Musk becomes world’s richest person as wealth tops $...
by dhruvarora013 on Thursday January 07, 2021 @12:00PM
(#25673595)
Just because something hasn't happened yet, doesn't mean it will never happen. Tesla is doing extremely well and has a bright future but it's hard to make a solid argument for its current valuation.
Re:Elon Musk becomes world’s richest person as wealth tops $...
by fullshark on Thursday January 07, 2021 @12:02PM
(#25673654)
Yeah i didn't mean to imply that the bubble assertion was false, merely point out that a ton of people also think it's a bubble (and have for years), and so far have paid a huge price for that bet.
Re:Elon Musk becomes world’s richest person as wealth tops $...
by insert_coin on Thursday January 07, 2021 @11:59AM
(#25673580)
It's a bubble for a reason, you can't short sell you can only watch it pop.