I think there is a fundamental difference now, the government has bailed out stocks twice in 2008 and 2020. Moved Heaven and Earth with the fed and indirect injections of capital to prevent the rich from losing money. So these stock prices reflect tax dollars billing them out in the downturn.

Serious question. With inflation absolutely exploding everywhere, stock market being what you just described here, and property ownership being virtually impossible due to big corpos gulping everything up: how is anyone supposed to prevent their money from melting away nowadays?

No rational person would think that Tesla would command the majority of that market of autonomous vehicles, robots, or whatever. Especially not after their Flagship truck turned out to suck in like 20 different ways.

it’s based on what people think the company will be worth in the future

Not a single person in their right mind thinks that Tesla will ever be worth its current $1.3T market cap. Stock price is based on whether the market movers (not you or I) think that the price will be higher or lower a few weeks/months from now, that's it. The actual intrinsic value/worth of the company makes no difference.

The facts are:

She has a PhD in theoretical physics. She could not find meaningful employment in particle physics. Unless somebody can correct me, she's produced little if anything substantive to the field.

In the last several years she has engaged in attacks against the public trust for science. She engages the conspiratorial-minded viewers who're looking for any reason to disavow scientific knowledge.

One example was putting on scripted theatrics while reading a self-penned letter fraudulently claimed was from a prominent scientist, who's identity and details of course must be kept totally secret. Reading out this "bombshell letter" was a transparent children's play, where the held-anonymous writer magically agreed with every one of her endless, bleating refrains, that most scientific research is "bullshit".

Then her support for Eric Weinstein who is a complete grifting con-man with an "entertainment" publishing that he fraudulently describes as both a "paper" and a credible physical theory. It was literally released on April 1 and directly in it, it tells you it is a work of fiction meant for entertainment, and like all good science (/s) may not be used, incorporated into other works, or improved upon. It's a complete piece of hogwash, and every credible physicist from here to Mars has described as not fit to wipe fecal matter; not a theory, not even science.

Then there's all the Theil money.

Check out Professor Dave on YT, he just fucking obliterates her.

Edit

First https://youtu.be/70vYj1KPyT4

Second and better https://youtu.be/nJjPH3TQif0

Third and best, 3.5 hours of clobbering with qualified physicists https://youtu.be/oipI5TQ54tA

She is a transphobe and peter thiel fangirl. She is against renewables and thinks that 'mainstream science' is just a money making scam. All around dumb bitch who chugged the kool aid.

ELI5. Because I was actually 5 when that happened.

There are free open models you can go and download right now, that are better than SOTA 12-18 months ago, and that cost you less to run on a gaming PC than playing COD does. Even if openai, anthropic et al disappeared without a trace tomorrow AI wouldnt go away.