Gates is right though about Tesla. It can't be worth more than all other car companies combined because other countries like Japan and Korea will simply not allow their domestic companies to go out of business.
So TSLA will come down to reality, it's just a question of when and can you outlast the tulips.
TSLA will come down to reality at the same time the $ has value based on reality. Both are kept aloft on the dreams and machinations of those in the know. Much like Bitcoin.
This idea of 'reality' being the one to bring down TSLA is a joke. It may fall, but it won't be because of reality.
Gates is right though about Tesla. It can't be worth more than all other car companies combined because other countries like Japan and Korea will simply not allow their domestic companies to go out of business.
So TSLA will come down to reality, it's just a question of when and can you outlast the tulips.
TSLA will come down to reality at the same time the $ has value based on reality. Both are kept aloft on the dreams and machinations of those in the know. Much like Bitcoin.
This idea of 'reality' being the one to bring down TSLA is a joke. It may fall, but it won't be because of reality.
TSLA isn't valued as a car company.