
Local Genius Loses $140 Billion In ‘Stock Market Craziness’
It's been a tumultuous and, I imagine, frustrating, year for Tesla shareholders.
Getting into Tesla outside of an index fund means buying into a personality cult, and personality cults can be dangerous.
Elon Musk was never anyone's idea of predictable or sedate, but he was generally considered to be a genius of some kind. 2022 was the year investors learned just what kind of genius. Musk, like Donald Trump, is "not smart, but genius… and a very stable genius at that!"
Trump's infamous descr
could it be the era of “Peak Musk” is beginning to fade…one can hope…