• sobchak@programming.dev
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      2 months ago

      I think it’s still got a lot of gas. Investors still seem to be hyped about AI (e.g. the game stock downturn after Genie was announced), and that’s all that matters. Tesla has held a nonsensical value pretty much for its entire existence. Furthermore a lot of the money going into the market is passive (401ks going straight into very top-heavy index funds), propping the largest companies up.