News for hackers. Stuff that matters.

A comment on Reddit's GameStop, AMC surge is the new Occupy movement. Parent comment

Re:Reddit's GameStop, AMC surge is the new Occupy movement by symlinkk on Thursday January 28, 2021 @11:06AM (#25944002)
You know who else makes things that people want to buy? Toyota, VW, Honda, Ford, GM, BMW, Mercedes. Tesla is worth more than all of those combined.
[ Parent | on HN ]
Re:Reddit's GameStop, AMC surge is the new Occupy movement by dcow on Thursday January 28, 2021 @11:10AM (#25944078)
But people _want_ to buy electric. They always have if you think about it. TSLA just proved we can do it and built the infrastructure to make it compete with ICE. The market is speculative by nature. Tesla is valuable because people _want_ it to be.
[ Parent | on HN ]
Re:Reddit's GameStop, AMC surge is the new Occupy movement by Hamuko on Thursday January 28, 2021 @11:12AM (#25944113)
>But people _want_ to buy electric.

I'm not fully convinced that this is true unless it's true in the same fashion as "everyone wants to buy a Ferrari".

Most people I've come across just want to buy a cheap car that gets them from place to place.

[ Parent | on HN ]
Re:Reddit's GameStop, AMC surge is the new Occupy movement by ajkjk on Thursday January 28, 2021 @11:57AM (#25944830)
Except that Tesla is doing new things at a faster clip than any of those have done in decades.
[ Parent | on HN ]