Tesla Delusion Syndrome: A Sign Of The Bubble

And Decreasing Market Depth

Tesla has been a darling of the colossal additions of extra money thrown into the financial system by the Federal Reserve and other Central Banks from 2008 onwards. It has now been 16 years of refilling the punch bowl to overflowing and beyond, and price/earnings ratios have expanded greatly, the number of “zombie” companies has increased greatly, and t…