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5 Signs the AI Bubble is About to Burst
(www.youtube.com)
This is a most excellent place for technology news and articles.
My conspiracy theory is that Musk gave multiple investors billions of his personal cash to invest in Tesla stock at key moments. He tells his straw purchasers when to buy hundreds of millions worth of stock in order to pump the price and kill those who short the stock. This scares the shorters out of the market and ultimately removes a natural source of downward pressure on the price. They sell off what they purchase all at once relatively slowly so they can then do it again.
But he invested a billion of his own money....or 0.01% of the TSLA market cap
No one in STEM takes Musk seriously.
Even 0.01% of a businesses shares in volume in the span of a 1 minute order is enough to massively swing the price. I saw it multiple times in after hours trading when I let my options ride for the day.