Tesla just [laid off 9% of its workforce(https://www.theverge.com/2018/6/12/17454004/elon-…). Is this the beginning of the end? Has our lord and savior Elon Musk FAILED? Is Tesla finally going BANKRUPT?
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Still bullish on TESLA.
Hopefully. Teslas are overpriced shit-heaps purchased exclusively by baboon retards that know nothing about cars.
You forgot the part about the baboon retards' motivation: trying to make a star bellied sneetch status signaling gesture. One day the electric car WILL win out over the internal combustion engine, but it wont be one with doors that don't close properly or a windshield frame that randomly splits in half....
I chose to drive an IT machine.
Seems the more practical and less painful way to travel
agree great title +1
Serious question though...when the shit finally does hit the fan at Tesla, will it finally be a wake up call that profits actually do matter? WIll the current zeitgeist of believing that every money losing company even tangentially related to tech is the 'next Google'? So sick of this nonsense....
Why do so many people pray for Elon Musk's ruin?
It doesn't really matter because the guy can call on his billionaire friends to come in and bail the company out at any point. Just have them load up on some stock and he's good to go again. I love Elon's work and respect him for delivering the results he has but the guy is really an AMAZING stock promoter.
For example, look at the timing of when all the announcements for his privately held companies come out? Notice they are structured around when Tesla delivers their usual underwhelming earnings reports?
He has so much fame and is respected by the population that he can easily pump the stock if need be, which is why I'll never short it.
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