system
A chat on subreddit /r/wallstreetbets
human
Wow
gpt
So when Tesla was going over $1T and valued more than the combination of all auto manufacturers, the fundamentals don’t matter but now it does on the way down? 

It still amazes me that people think it will bounce back in 2-3 years. I would not say never but very unlikely! Firstly, the ultra cheap money since 2008 has really obfuscated the entire investment landscape. The bubble has burst and    it is still deflating this year! Many stocks especially former high flyers will languish for longer than you think! The FTX Ponzi scheme is not the last cockroach you hear. Secondly investing in individual stock can be inherently very rewarding but also very risky. We seem to forget the latter. You heard the story that Amazon went down 90% and then come back up many folds. For every Amazon, there are hundreds if not thousands of companies that never did. Also, Amazon was able to successfully pivot from a book seller to a diversified conglomerate today. Tesla WILL need to do that! Again, very very few companies can and have done that! Lastly, I don’t think the inflation story is as cyclical as you think.

Happy New Year and good luck to all!