BTW - this was amazon 5-6 years after 20+ years ago.
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Yep. After the Dot-Com bust. It was also another great entry point to buy AMZN. The same thing could happen to TSLA with a big recession, a big earthquake, or an expensive recall. In a selfish way I kind of wish it would. BTW, TSLA and SpaceX were both within days of bankruptcy back in 2008 I believe and they’ve both done well since then. The bond downgrade last April wasn’t looking too good either, but Musk responded well, though not without controversy. It was a stressful time, no doubt.
You are reading what you want to read. The dotcom bust was in 00-01. Late 2002 was because of overspending and sales falling off. Again, hindsight is always 20/20.