BREAKDOWN: The Real Story Behind $TSLA's Rally

BREAKDOWN: The Real Story Behind $TSLA's Rally

Today on the Brief: Wall Street quarterly earnings season opens Investor flock to higher-yielding Chinese government bonds Bitcoin whales go down but other types of HODLers go up This 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 personality Tesla as an innovative tech company Better-than-expected vehicle delivery The mother of all short squeezes Robinhood effect Mr. FEDerico Narrative Market Machine In 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.

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Morgan Stanley Launches Cheapest Bitcoin ETF | CoinDesk Daily

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Polymarket faces political backlash over contract tied to rescuing U.S. soldiers in Iran. Polymarket removed a betting market on the rescue of U.S. service members in Iran after lawmakers criticized ...

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Blockspace: MARA’s 15% Layoffs, CleanSpark’s Bitcoin Bond, Google’s Quantum Computing Bitcoin Break

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Market Structure Bill Delayed as Crypto, Banks Meet Lawmakers | CoinDesk Daily

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Market structure bill delayed again as the fight over stablecoin yield continues. Crypto and banking leaders are meeting with legislative staffers to hash out the future of U.S. stablecoins. The mark...

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JPMorgan & Goldman Sachs Eye Prediction Markets | CoinDesk Daily

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