The difference is Tesla has the blessing of the Jim Kramer's of the world because it's top down and controlled speculation. It's tech fetishization of a shitty car company and a guy that memes.
Gamestop pumping is both speculative from a bunch of randos online at the expense of hedge funds, which sell their acumen as reasons to invest. If Reddit can take out a few hedge funds it will throw chaos into the expertise market.
I'd be surprised if that hasn't already happened. I think that's exactly what the Tesla run last year was.
The difference is Tesla has the blessing of the Jim Kramer's of the world because it's top down and controlled speculation. It's tech fetishization of a shitty car company and a guy that memes.
Gamestop pumping is both speculative from a bunch of randos online at the expense of hedge funds, which sell their acumen as reasons to invest. If Reddit can take out a few hedge funds it will throw chaos into the expertise market.
This is glorious.