Tesla stock on fire
I know Tesla’s stock has been on fire, but with one of their actual cars bursting into flames, does anyone else see tremendous downside in this stock? I mean, Elon’s a genius and all, one of the best out-of-the-box thinkers of our generation and gets tons of chicks, but the guy doesn’t seem to know how to manufacture cars efficiently on a mass scale.
And I wonder if, at this point, Elon is actually hurting his company?
Wall Street WANTS to love this stock... as long as he's there, it's good for the stock. Anyone who blows off analysts like he did is kind of cool in my book.
Competition is going to catch up to Tesla...in 5 years, there will be a half-dozen car companies selling mid-to-high end electric cars. Tesla had distinguished itself because of its uniqueness and quality, but there have been quality issues and -- when competition comes to market in 5 years -- Tesla will have lost its edge.
you don't see it as a ripe acquisition target by one of the larger manufacturers? the investment in infrastructure by tesla along with IP, I would think it will make a great one. That's what I'm holding out for.
I think you're right, many companies will see it as a desired acquisition target -- but I also don't see Elon Musk capitulating and literally selling-out. Instead, I see him going down with the ship on this one.
"The National Fire Protection Association (NFPA) says that vehicle fires account for about 20 percent of all reported fires, so it's worth knowing how to reduce some of the risk in your own car or truck"
https://auto.howstuffworks.com/car-driving-safety/accidents-hazardous-c…
a Tesla being on fire is a non-story.
Woah woah woah.
Are you somehow implying that the media exaggerates the scope and severity of statistically normal events?
But Musk intimated it might be a Tesla-related problem by claiming that there was a saboteur in their ranks... almost as if he was making an excuse, like "I know that this shouldn't have happened and it's a potential problem, but it's not our fault and here's why."
I invested my life savings on the basis that "he gets tons of chicks"
What does he lead with when he's in a bar?
"You know I created Tesla?" OR "Want a ride on my rocket?"
Was the rocket comment a sexual innuendo?
This is like the 19th thread on Tesla bud. Why do people gaf about this company so much // why don't they use the search function.
I imagine he felt the fire reignited the discussion. Thank you.
This is an ideal example of how the media falsely influences this country. You never see stories of gasoline cars catching on fire, but every thing bad that happens to a Tesla is pushed to the front page.
Do I think the Company is overvalued? Yes. Do I think this is a serious issue with EV cars? No.
Watching the news is detrimental to your health.
The fact that it's an electric car makes the fire a little scarier; we've been trained to think batteries are more susceptible to "blowing up" (hence, the stories of "combustible iPhones and exploding hover boards). You can imagine how the shorts seize on a story like this and prey on people's paranoia.
Although studies have shown EV cars to be less prone to fire.
The media has zero interest in informing people. It’s sensational and entertainment. I like to be informed, hence why I avoid “news”.
Tesla made EV cars cool. I remember the old Honda and GM electic cars. Zero interest. IMO, Musk sells Tesla for a lot of money and one of the dinosaurs makes Tesla profitable. That being said, his contributions are undeniable.
Michael Burry holds 800,000 put options on Tesla:
https://www.google.com/amp/s/www.businessinsider.com/big-short-michael-…
“Burry's puts give him the right to sell those shares — worth $534 million at the end of March — at a specified "strike price" before a certain expiration date. If Tesla's stock price falls below the strike price before the options expire, Burry can sell his shares for a profit.”
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