John Authers, Columnist

Tesla’s Absurdity Amplifies the Tech Bubble Echoes

The 800% rally in shares of Elon Musk’s electric-car maker surpasses the excess seen in the first internet frenzy.

January 11, 2021 at 5:00 AM UTC

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

It’s going that way: Tesla CEO Elon Musk.
Photographer: Win McNamee/Getty Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

To get John Authers' newsletter delivered directly to your inbox, sign up here.

Stock markets are getting mighty frothy, particularly in the U.S. Are comparisons to the tech bubble of 2000 overdone?