TL;DR

Folksam dumping Tesla stock signals a larger trend: the electric car bubble, fueled by hype and questionable business practices, may be bursting, leaving retail investors to suffer.

Story

Folksam dumping Tesla stock? Color me shocked. Not because Tesla’s facing union issues—that’s old news—but because anyone’s still surprised by Elon Musk’s antics. Remember the ‘funding secured’ tweet?

This isn’t about unions; it’s about foresight. Folksam, like any savvy investor, sees the writing on the wall. Tesla’s built on hype, not sound business.‣ Hype: Artificial excitement, often misleading. It’s a house of cards waiting for a gust of bad news—or a tweet—to topple it.

Think 2008, but with electric cars. Subprime mortgages became overvalued tech stocks.‣ Overvalued: Price higher than actual worth. The bubble’s been inflating for years, and now, the pinpricks are starting. First, Folksam. Next? Who knows. But the dominoes are falling.

The human impact? Sadly, retail investors—the little guys—will be left holding the bag. They bought the hype, ignored the red flags, and now, their portfolios will pay the price. Sound familiar? It’s the Enron playbook all over again.

Remember, history doesn’t repeat, but it often rhymes. Learn from the past, or be doomed to repeat its mistakes—with electric cars this time.

Advice

Don’t fall for hype. Research before you invest. If something sounds too good to be true, especially with charismatic CEOs, it probably is.

Source

https://www.reddit.com/r/stocks/comments/1jpks8j/the_folksam_group_sweden_is_selling_its_entire/