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How is TSLA stock still up from where it was a year ago, if its sales have plummeted so much? (lemm.ee)

submitted 3 days ago by [email protected] to c/nostupidquestions

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[–] jerkface 2 points 3 days ago (1 children)

It ran up because the market believed that Musk had access to Trump and could manipulate markets and regulations in Tesla's favour.

[–] [email protected] 6 points 3 days ago

And they were right. Then the nazi salute pretty much signaled the peak on Jan 20.