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BREAKDOWN: The Real Story Behind $TSLA's Rally

BREAKDOWN: The Real Story Behind $TSLA's Rally

FromCoinDesk Podcast Network


BREAKDOWN: The Real Story Behind $TSLA's Rally

FromCoinDesk Podcast Network

ratings:
Length:
23 minutes
Released:
Jul 13, 2020
Format:
Podcast episode

Description

Today on the Brief:Wall Street quarterly earnings season opensInvestor flock to higher-yielding Chinese government bondsBitcoin whales go down but other types of HODLers go upThis episode is sponsored by Bitstamp and Crypto.com.Our main conversation: What the hell is going on with $TSLA?Elon Musk is now richer than Warren Buffett. A year ago, Tesla wasn’t as valuable as Ford or GM. Now it’s more than 25% of the value of the auto market as a whole. In this episode, NLW looks at a set of possible explanations:Elon as a Golden God/the cult of personalityTesla as an innovative tech companyBetter-than-expected vehicle deliveryThe mother of all short squeezesRobinhood effectMr. FEDericoNarrative Market MachineIn the end, NLW argues that in a world where 1) the new retail base is willing to engage in narrative and meme warfare and 2) where the Federal Reserve distorts prices, the narrative market machine becomes more of a driver of prices than ever before.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jul 13, 2020
Format:
Podcast episode

Titles in the series (100)

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