I dont own Tesla stock at the moment, but when it starts going up, tons of people will jump on that train just to make money. Maybe you too.

So: "I don't have a moral compass when it comes to financial invesments and assume you don't either."?

Lemmy actually skews older, and also there is a remindme bot on Mastodon that works on Lemmy.

If you have a moment I would love to talk to you about a rich investment opportunity best know as artisanal gourds. Not since Blockbuster has the soil been so rich and the climate been so perfect for artisanal gourds. If you act now I have a bridge that is heavily discounted we can discuss.

There have been multiple companies who have gone through public image issues that have survived, but never regained their original status in the market.

The thing that it has been with Tesla is the company value never made sense and it was driven by hype for Elon and his "genius vision". With that facade going away the stock should continue to adjust to closer to other comparable car companies. Even recently they had a trailing P/E ratio of 121. That's crazy with only so few things in their product pipeline that we know about.

So the question now is how does the new public perception impact any new products they launch in the near term and how do they recover the confidence of the consumers? Not saying that it can't be done.