TL;DR

Trump’s Tesla ’endorsement’ is a classic pump-and-dump, echoing his past crypto scams. His followers, ironically, are the most vulnerable.

Story

Trump’s Tesla pump isn’t new. He’s shilled coins before, creating artificial hype, then leaving bag holders. Now, he’s targeting Tesla stock. Remember, hype fades, but losses are real.

This mirrors the dot-com bubble. Blind faith led to overvalued stocks, and the inevitable crash wiped out fortunes. Today, the same cycle repeats with meme stocks and crypto, fueled by social media and celebrity endorsements.‣ Meme stocks: Stocks hyped up online, often regardless of actual value. ‣ Crypto: Digital currencies existing only online.

Trump’s move smells of desperation. Tesla’s dropping, and this ’endorsement’ is a Hail Mary. Ironically, he’s attracting those most likely to fall for it: his own followers—the same ones who got burned on his previous pump-and-dumps.

This isn’t just about Tesla. It’s about a broken system where influencers manipulate markets for personal gain. The SEC‣ SEC: The Securities and Exchange Commission, a US agency protecting investors. slaps wrists, but real consequences are rare. It’s a rigged game, and retail investors are the pawns.

Advice

Don’t blindly follow endorsements. Research before investing. If something sounds too good to be true, it probably is.

Source

https://www.reddit.com/r/stocks/comments/1j9qzgg/tsla_investors_beware/