It seems like something is broken since TSLA (for example) has been completely divorced from fundamentals since at least 2020. The richest man in the world has the vast majority of his net worth derived from vaporware and straight up fraud. Still wondering when the "weighing machine" kicks in.

The market can remain irrational for longer than you can remain solvent.

Unfortunately it's expensive to short Tesla because Elon and Peter Thiel don't allow their shares to be shorted. Add to that, it's part of the S&P 500. It's going to take a while but I foresee a lot of red for TSLA. We'll see what happens but TSLA is already revising their target of cars sold in Q4

investors have stopped looking at TSLA as a car company awhile ago so car sales will hardly move the price (downward)

> Elon and Peter Thiel don't allow their shares to be shorted

Do you have more information about that? That sounds impossible for a publicly traded company.

You can look at DRS: https://www.investing.com/news/company-news/genius-group-sha...

Oh I see, you meant Elon and Thiel prevent the shares they control from being shorted? I originally thought you meant they prevent any TSLA shares from being shorted.