• plyth@feddit.org
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    8 hours ago

    Are people that stupid to overvalue Tesla that much for years or is somebody stabilizing the market rate? Somebody is playing 5D chess but it is not Musk.

    • ansiz@lemmy.world
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      8 hours ago

      It’s because so many institutional investors own Tesla stock. Most of the big hedge funds and that kind of thing. At least that’s what I’ve heard, but it makes sense to me.