The companies being talked about are the picks and shovels guys. Sandisk, Crucial, Nvidia, Oracle. The ones that should actually be making money now, and so far have been.

Jesus Christ, it’s not even a long article, you can just read it and know this stuff before you comment.

Yeah, unerring faith in the magical powers of Elon continues to be a hell of a drug. Tesla does not remotely justify its current valuation either.

They would have to realize that profit and to do that they’d have to sell. Any meaningful quantity of “average buyers” cashing out would certainly result in most of them selling at a loss as the price dips below their break even.