Tesla was growing before the crisis. Largely due to their Chinese gigafactory, which is a pretty big deal, since it shows a.) They will be in the good books of China for the time being. Till their eventual tech ripoff at least. b.) They have the potential to gain the same brand value that Apple accrued in China. Definitely don't deserve the current valuation though - I was lucky I happened to be holding some when we bought some after buying my first car.
The kind of options plays on WSB are insane tbh. I don't mind putting my eggs in one or two baskets, as long as they are stocks of steady companies, but options? No way.
I doubt they care much about the "eventual ripoff". Their strategy is to out-pace competitors through innovation. It is the same reason they open sourced almost all their patents.
The kind of options plays on WSB are insane tbh. I don't mind putting my eggs in one or two baskets, as long as they are stocks of steady companies, but options? No way.