Btw, I have a Nigerian acquaintance who likes to discuss a business proposal with you. How do we contact you?
I wonder why TSLA is compared to dot-com stocks. Tesla produce real, tangible things, with sale and resale value; same applies to their factories. They are in the "real sector", while dot-coms were (and are) in the "virtual" services sector propped by ad revenue.
TSLA can be a bubble, but it must be a different kind of it.
Another reason to tell why Tesla's stock is in bubbly conditions is the timing. Why is it soaring up right now? Is there some event that makes it more likely that people buy cars? No. The current events actually point towards the opposite direction of a recession, where people don't buy new cars. But they are overruled by different events which are more about more about money not knowing where it should go.
This video makes some very interesting points on the "too much money in the markets" question: https://youtu.be/Im0rzTWplwU
Let me add it is interesting that people who say Tesla is over-valued so often make this mistake, even though most of what I said is widely known. Perhaps people are being intentionally misleading.
Ad-based-internet became a big thing many years later, I believe.
(I do agree that TSLA is different, anyway.)
[0] https://en.wikipedia.org/wiki/Webvan [1] https://en.wikipedia.org/wiki/Pets.com
> Pets.com hired the San Francisco office of TBWA\Chiat\Day to design its advertising campaign.
Also here's a collection of Pets.com TV ads: https://www.youtube.com/watch?v=sICSyC9u5iI
And Webvan did ads too: https://www.bizjournals.com/sacramento/stories/2001/03/05/da...
