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7 points

If nickel gets high enough that he can’t make cars and be epic then his stock won’t be epic. Big investors will pull and his zealots will end up holding the bag.

That said if he can still make cars, the price of oil increasing will help Tesla.

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https://www.cnbc.com/2022/03/08/nickel-price-surge-could-threaten-automakers-ev-plans.html

Apparently he is already positioned to be the last ev standing, he just has to give up on high end models.

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the stock is completely disconnected from the actual production and sale of cars. financialisation has completely disconnected the economic line from the actual economy. tesla already barely make any cars but their stock valuation is 50 times higher (I am not even kidding) than Ford, while selling barely any cars and having to do largescale recalls not long ago

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8 points

You’re missing my point. It doesn’t matter how hyperinflated Tesla stock is. It is inflated because Telsa is making super-hip electric vehicles. If Tesla stops doing that and literally stops production people will start selling and it will burst Teslas bubble. Its as if an MLM just flat runs out of essential oils to sell.

Now the delusion could endure if Tesla continues production at a loss. But literally shutting down all factories would be a full on panic.

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