This is getting further from the side hustle discussion; but the Tesla bears are not visionaries (and they’ve never been right thus far). Musk is the visionary and the Wall Street talking heads are the ones that love their metrics and can’t see the potential. Electric vehicles are a small part of what they will do in the future. Solar, storage, space, internet, HVAC and don’t forget about their subscription model for adding features to your Tesla. The thing with taking a negative stance and outlook is that it usually is the smarter SOUNDING argument. Those of us who believe in the future of Tesla and what Elon is doing are “just crazy dreamers”, but Elon is the ultimate capitalist. The talking heads just cannot see it. Tesla is the most misunderstood company on the planet IMO.

The same goes for the state of the market in general. “We are due for a correction” (which implies the market is currently incorrect?), yes it’s a foregone conclusion. The market will go down. Maybe violently. It happens; but boy do the people that “called it” feel smart. Meanwhile; if I went from 100 back down to 75, the pessimist that started calling “the top” at 25 missed out on a gain of 50. But again, they sure sound smart!

One of my favorite articles on the subject of pessimism, in general, is by Morgan Housel who got his start at The Motley Fool. Worth a read! He does a good job of exploring the psychology of investing.

https://www.collaborativefund.com/bl...-of-pessimism/