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bq
Hefty
Neither Tesla nor Brewdog is dying, it’s that neither will ever produce the profits they need to genuinely support their current valuations and share prices.
Their cleverer investors know this, it’s just all hype to make profit.
Both firms - like Purple Bricks, THG, Dr Martens, Aston Martin etc etc - will settle down to being sustainable businesses, just at much, much lower values than they currently are, by which time the execs and smart investors have long since cut and run, funded by the new wave of ‘amateur’ internet investors who don’t bale in time.
It’s now very much a successful ‘business’ model, the latest way of clever rich people fucking over less clever less rich people.