Tim Miller
👤 SpeakerAppearances Over Time
Podcast Appearances
But I mean, it's not going to stop Elon from getting a trillion.
His situation is insane.
It's financing, yeah.
They're already capitalized.
That's depressing.
Yeah, for sure.
The counterpoint to that is, is the stock market even real?
Is capitalism real?
Tesla stock continues to go up based upon essentially nothing, like hype and buzz and Elon's magic sauce.
And if you look at their actual revenue to the PE ratio, not to get nerdy on our non-finance podcast, I compare it to the other companies at the top of S&P 500.
I saw a chart the other day where it was like,
Hype can pop.
I just pulled up the Ethereum stock chart.
Crypto has had a rough little run.
Ethereum's down 47% over the last six months when the market, the rest of the stock market is up.
And a lot of other stocks in kind of that space are up.
Bitcoin and crypto have had downturns before, but it's notable.
How do you explain this?
They talk to the IRGC.
This is the number over there.