[badlucklottery]

> then why on earth is the Tesla stock not going down?

“Markets can remain irrational longer than you can remain solvent.”

TSLA's value has never been correlated to the fundamentals of the business. So it continuing to do so isn't super surprising.

As long as there's a steady supply of unsavvy investors/future bag-holders willing to buy, it'll keep climbing.

[mint2]

At one point Tesla had the opportunity to become THE ev charging monopoly.

That ended when Musk went on one of his earlier whimsical firing sprees and destroyed the charging team. Had he instead beefed it up, charging could become a money printing machine. Even with his sabotage of the charging teams, Tesla charging is better than other but it could have been so much more

[rsynnott]

> At one point Tesla had the opportunity to become THE ev charging monopoly.

Why would you want to be that, though? The only way to maintain that would be to run it at very low margins; it's hard to imagine a more commodity product and if you have high margins and significant revenue, people will just set up competitors with slightly lower margins.

[naijaboiler]

This is the answer! It is definitely coming down and will reflect business fundamentals at some point. But please don't try to predict when, or you will lose lots of money. "Market can stay irrational longer than you can remain solvent"

[sillyfluke]

And they will stay even more irrational if the CEO attacking shortsellers becomes the co-president of the United States. It's no surprise that the short-seller Hindenberg Research shut its doors just as the Trump administration was assuming power, as the rest of the country watched on incredulously as Pam Bondi breathlessly bragged about going after a bunch of vandals of Tesla car dealerships as her most impressive accomplishment as DoJ of the USA in the first (?) cabinet meeting with Trump.