Am I the only one here who missed the rally since last 3 months

Tech is absolutely nothing like 1999, and anyone who thinks so has not been paying any attentions. We literally rely on tech for every aspect of life. There isn’t a single thing that doesn’t heavily rely on tech; entertainment, work, education, science, arts, sports, games, transportation, food, banking, love life, social life, mental health, physical health. etc. you legit can not name a single aspect of life that doesn’t rely on tech. and everyone who knows what’s going on also know it will just grow with new players like e-commerce, cloud computing, ev, and cyber security.

Like... how can you possibly compare this to 1999 tech bubble with a serious face? We didn’t need tech for anything back then, hell even banking didn’t need anything but a calculator and a friendly face.

Also, Tesla is nothing like Toyota. We know how many cars Toyota will sell in 4 years. We have no idea how many Tesla will, and that’s not even including the fact that they are creating the next generation of battery power.

/r/wallstreetbets Thread Parent