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Something extraordinary happened last Friday night, and outside the world of Tesla fans and self-driving aficionados, hardly anyone seems to have noticed. In my opinion, August 25, 2023 was a red letter day for Tesla.
Allow me to back up and provide some backstory. Most of you know that I tend to think and write with metaphors and analogs, and this time will be no different. I’m going to use Google as my talking point.
I present to you…….Momentus:
Last week’s blowout numbers from NVDA was widely reported as the biggest upside shock in corporate reporting history. The fact that the stock peaked at that moment and has been falling ever since illustrates that, at this point, there’s NO news the company can offer to push it above these laughably ludicrous valuations. Moreover, even the SLIGHTEST bad news will blow the stock to smithereens.
I have two very quick questions to ask all Slopers; please take a moment to answer:
