Okay, This Reminds Me Of The Bubble (TSLA)
People who scream "bubble" at every sign of bullishness are the worst scoundrels.
I've described what a REAL bubble looks like before, and it's nothing like now. It's not just that asset prices are inflated, but rather there's an overwhelming sense of optimism about everything; at least that's how it was in 1999.
1999 wasn't just about the dotcom stocks, it was about fuel cells, people transporters (The Segway), cures for diseases, and a general belief that everyone would be great.
And so when I see analyst notes talking about Tesla revolutionizing the electricity market, and charts that set a date on the upcoming "utopia" I'm reminded of the bright old days.
<img src="http://static4.businessinsider.com/image/530ca3efecad04e22669e8cc-800-/screen-shot-2014-02-25-at-8.49.22-am.jpg" border="0" alt="utopia" width="600" />
<b>See Also:</b>
<ul><li>ELON MUSK: I'm Not Sure We Could've Come Back From The Tesla Car Fires Without The Help Of Social Media</li><li>TESLA GOES BONKERS</li><li>Tesla Announces Earnings Today — Here's What To Expect</li></ul>
SEE ALSO: This is what a real bubble looks like