People are investing in the future of these companies mate. The idea is that Tesla will dominate the world with electric cars and also crazy stupid space travel and whatever else Elon conjures up. The same applies to Afterpay. Some people need to take a step back and just say that with 50m customers on a popular app that they will generate a good profit regardless of how they do it. Hell their main income might end up being advertising and leads as opposed to the margin on transactions. Imagine analysing every number they release, putting your own negative spin on it, and then watching the share price go up 10 fold. It's easy to say all these tech stocks are in a bubble because you're not accountable. Show us a hefty short on Tesla and Afterpay and we'll see where we are in 12 months time.
