I do think it’s good that Wall Street is finally treating Tesla like a company that at some point needs to make money on its products not just government credits but Tesla is still overvalued.
Not that I disagree with them but JP Morgan is still an outlier in this. And they have had a lower guidance for a while. Tesla is in a weird place where Musk is simultaneously destroying the brand but it’s his force of personality that led to it being overvalued in the first place.
Long term it might be better for the company if he was gone but short term if they dump him the share price will almost certainly collapse. It’s fascinating to watch.
Exactly! I gleefully watched the demise of my pillow guy. Apparently, morons do not learn from the mistakes of others. I know people think Elon is brilliant - I do not ascribe to this notion.
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In the meantime, don't buy Teslas.
Thank you. I needed this laugh today.
When you know I’m down
https://www.youtube.com/watch?v=lOWrScjXMRE
I mean...😂