Walz has been specifically mocking Tesla’s stock plummet these past few months. Hes not saying they are equally important, hes just using this to taunt Musk.
A 1 day 10% drop is a gut punch worth mentioning. Being a meme stock means that the only thing holding it up is the idea that it will always go up. When the meme fades and it has to compete on fundamentals, a car company missing sales targets by 13% in one quarter ain’t gonna do it.
Walz has been specifically mocking Tesla’s stock plummet these past few months. Hes not saying they are equally important, hes just using this to taunt Musk.
A 1 day 10% drop is a gut punch worth mentioning. Being a meme stock means that the only thing holding it up is the idea that it will always go up. When the meme fades and it has to compete on fundamentals, a car company missing sales targets by 13% in one quarter ain’t gonna do it.