Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! With Tesla’s disastrous quarterly results, it’s pretty clear that the company is actually in trouble. Despite years of poor product decisions (the ... [continued]
If you have a 401k you are probably a holder of Tesla stock since it’s in the index funds.
This is one of the bigger problems with the current stock market where investment decisions for a huge amount of the capital in the market is being made mechanically by looking only at the market capitalization of the company. We end up in a hyperreal situation where if you pump hard enough on a stock you can basically “manifest” a blue-chip label on it and then leverage everyone’s retirement accounts to keep it
If you have a 401k you are probably a holder of Tesla stock since it’s in the index funds.
This is one of the bigger problems with the current stock market where investment decisions for a huge amount of the capital in the market is being made mechanically by looking only at the market capitalization of the company. We end up in a hyperreal situation where if you pump hard enough on a stock you can basically “manifest” a blue-chip label on it and then leverage everyone’s retirement accounts to keep it