Parabolic with a crash back toward its longer term trend line? Do earnings match the parabolic move? Do we get non-standard accounting practices just to qualify for the S&P, show some profitability, and so certain people get their bonuses?
It looks like the bubble is coming to an end... S&P 500 rejection, stock-split back fire, GM-Nikola partnership. Dose of reality when you can no longer live up to the hype.
jeremy.le.kahn
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Markets can stay irrational longer than you can stay solvent. That said, I am in a put position that will pay off handsomely once some rationality returns over the next year. Happy to buy Tesla at the strike price.
chartingman43
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Electic car industry in general is over valued but bubbles can last long, so worth buying the dip at 700-1000$ area potentially