Elon Musk: Tesla is executing better than ever!

Securities Analysis 101

As the “risk-free” real rate of return from Treasury Bills approaches the much riskier rate of return from stocks, the value of stocks drop.

For example, if T-bills and stocks both had a 10% rate of return, everyone would just buy the former.

— Elon Musk (@elonmusk) December 17, 2022