Really - "Tesla does not make money!" you posted that - didn't you ?
So now it does make money ?
Does Xero make money ? What's it's PE ?
Or for that matter the most expensive stocks on US market ?
You seem to forget that the market is pricing it's sentiments of TSLA's future
prospects which tend to look like they are better than that rapidly diminishing
supply of new Bitcoin capable of being generated off the chain ..
At least TSLA do something productive which is a long way away from riding
a crypto wave which may or may not produce too much tangible for the ride
and runs risk in places of making itself either extinct due to scarcity or excessively
overpriced due to hyping up accordingly far far worse than TSLA or any other stock ..
Granted Supply & demand equations are at work with both, but recent rapidly
rising bitcoin values seems to now look far more ridiculously over valued than heights
TSLA has reached so far .. just bear in mind that those huge crypto gains attract the full
attention of the taxman wanting his share of the spoils .. not necessarily the case with
TSLA's holders who may see a dividend sometime in future, long after bitcoin has priced
itself out of existence & meaningful patron use ..
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