The growth of Tesla’s share Is fascinating and worrying at the same time. You said it rightly, how many of the investors see Tesla as a technology company and how many of them see it as a car company. This is a big misconception about Tesla. And Him being in the need always helps the share price.
It’s crazy.
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No ones investing in Tesla for the tech I have no doubt it's smart people working there but let's be honest peoole only invest in it for Elon and his so called track record, because it has government backing and because it's price keeps going up, there's very little else going on here
The narratives justifying why to invest in Tesla don't hold up for me