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Question about a Tesla buying Bitcoin
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jdironman
Posted 2/17/2021 20:38 (#8840691 - in reply to #8839191)
Subject: RE: Question about a Tesla buying Bitcoin


Very southern Mn
It always goes further than anybody thought possible. It goes long enough that people that didn’t think it was possible get convinced that this is a possible. I have lived thru crazy land market of early eighties and than housing bubble. It all went further than anybody thought. Watch movie The Big Short” Guy could see housing bubble was crazy but almost broke him before he was right. Tesla will have to make some real money sooner or later or investors will not be content with a 2% return. Sooner or later Tesla actually performs to markets hopes or it gets dumped because expectations are not attainable. Tesla has been prom queen for longer than anybody thought possible. Will Musk be able to keep making it interesting or will he run out of tricks? Right now market thinks he has more tricks. My concern is his product is not so unique anymore but time will tell. Right now government is helping carry the torch.
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