Comment by esseph

> And for some unbeknownst to me reason, the markets value Tesla as a hot tech company, not a 3rd rate automaker, which is what it actually is.

Cult. It's a cult.

There's a contingent of tech bros that think they're "smart" because they latched on to Tesla and have been riding its nuts through Elon's political stunts without a care in the world. Tesla failing would mean to them that they failed. They can't fail, they're too smart. If they just HODL for a little longer, then he'll get something magical out and validate their decision making. Sunk cost running wild.