Tesla acting like a meme stock - sagging fundamentals, straight up price action. But then there seems to be a new meme stock every other day now. Most are pump and dump. Chewy. Zapp. And old favorite GME. - Bill Gross (@real_bill_gross) July 9, 2024
The comparison between Tesla and viral stocks like GameStop highlights a broader trend in market behavior. Tesla faces challenges amidst increasing competition and supply chain issues despite exceeding Q2 deliveries.
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