I fail to find any plausible explanation for this other than the fact that yes, it is a bubble. Tesla, a car company facing declining sales, an executive exodus, and a CEO who’s more of a liability, is almost a $1.5T company now. An absurd P/E of 259. Sure, P/E isn't the most realiable metric. But, for a company with declining sales, and onslaught from Chinese competitors, a P/E of anything above 50 is absolutely ludicrous. Do people actually buy into the absurdity of humanoid robots and robotaxis?
"Be fearful when everyone is greedy." I’ve cashed out of U.S. stocks, and I think it's wise thing to do when craze is at its peak.
It’s the definitive strength of the United States.
> What will my next editor be?
Fancy giving a shot to Helix[0]? Not even is it pretty good out of the box, it has a scheme extension language in the work.
Just want to point out that the current Treasury Secretary (Scott Bessent) is a gay man.
The one thing I wish grok had was more separation of the UI from X itself. The interface being so coupled to X puts me off and makes it feel like a second-hand citizen. I like ChatGPTs minimalist UI.