everything is down in market cap.
the fed printed 9 trillion dollars during the pandemic which caused high inflation and a huge stock market bubble.
now the fed is just starting to remove 9 trillion dollars from the economy. tbh I'm surprised tesla hasn't crashed more. it reached 1200 a share but a more reasonable "fair" evaluation is like 200. it's still over 700 and has a long way to crash.
the fed printed 9 trillion dollars during the pandemic which caused high inflation and a huge stock market bubble.
now the fed is just starting to remove 9 trillion dollars from the economy. tbh I'm surprised tesla hasn't crashed more. it reached 1200 a share but a more reasonable "fair" evaluation is like 200. it's still over 700 and has a long way to crash.
