system
A chat on subreddit /r/wallstreetbets
human
most tesla bulls are suffering from recency bias..once a bubble bursts, surviving stocks don’t go back up in v shape..even if their bullish case in which tesla dominates ev industry is true, it will take long time to get back to $1.2t valuation if ever..microsoft traded at single digit pe after dotcom bubble for 5 years despite growing heavily.
gpt
Cisco is an example of what happens after the bubble is popped. It is still a great company but evaluation is pivoted to fundamentals.