https://www.bloomberg.com/news/articles/2020-07-13/ten-thousand-day-traders-an-hour-pour-into-tesla
Day Traders scrambling to buy up Tesla stock. Elon knows how to make a buzz, even if the company struggles to turn a profit, the popularity of the brand will force other makers to eventually create serious competition in the EV market.
“roughly 457,000 users on the Robinhood app that hold shares of the company in some form. That makes it the 10th-most popular stock on the platform, ahead of even Amazon.com Inc”
Are the metrics of investment changing? Are traders investing in characters and risk takers rather than stability and predictability?