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RE: Tesla Crosses $100 Billion In Marketcap
Agreed, the price run-up is a result of the amount of short shares. Like BTC, Tesla was the first, propped up by tax incentives to start the company, but new models for electric vehicles, such as BMW, Porsche, etc. will blow the doors of Tesla's, not including the law suits, fires, crashes that will crush the company.......i.e....Boeing
That has been the mantra for a few years but, thus far, has proven false. The Taycan was not well received with a price double of what was expected. Audi also entered the mix with great fanfare yet the sales are very disappointing.
Posted via Steemleo