2008 Headline From The Onion Echoes Strongly Today - CleanTechnica

The article reflects on a 2008 satirical headline from The Onion that remains relevant today, particularly in the context of stock market behavior and investor psychology. It highlights how wealthy investors, who are less affected by economic downturns, tend to keep their money invested in stocks despite market volatility, driven by the hope of long-term growth and the search for the next big opportunity. Tesla is used as a prime example: once seen as a disruptive growth company revolutionizing the automotive industry, it has faced declining sales and missed targets in other sectors like solar power and heavy-duty trucks. Yet, many investors continue to hold Tesla stock due to the lack of a clear alternative with a similarly compelling growth story. The article also points out that this phenomenon is not limited to Tesla but extends to other high-profile investments like Bitcoin, NVIDIA, and Oracle, where investors are eager to find hypergrowth opportunities. Despite Tesla’s recent struggles outside the car market, the absence of a "next Tesla" leaves investors reluctant to move