By the way, the dumbest investors are not the ones who believe that Tesla actually has that much inherent value. The dumbest investors are the ones who know it doesn't, but who still believe that investing money in Tesla is a wise financial decision.

They think it's reasonable to try and predict when the other investors are going to pull out and pull out before them. Conveniently ignoring that the big mistake they are taking advantage of (investing in Tesla beyond its value) is exactly what THEY are planning to do themselves. Not smart!