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Re: N4longterm post# 420337

Wednesday, 05/22/2019 4:35:14 PM

Wednesday, May 22, 2019 4:35:14 PM

Post# of 647786
LOL!!! I have been saying for awhile now TSLA was garbage and I still stick to it. I am not saying the tech does not have a place at all. Just saying the company is trash. The stock has been way over valued for a very long time. Their sales are falling off. Their cars are starting to see consumers complain about them. Their debt load is huge. They can't ever seem to hit their numbers they guide to. They tell the street they have enough cash and turn around and go for even more financing over and over again. I have said that their debt load is going to crush them and now today the longest bull for the company Adam Jonas comes out and says their debt load is going to be their down fall. Seen many companies Debt load crush them. Just ask Washington mutual, Enron, nortel, etc. unmanaged debt loads will always take a company out. TSLA not only has the debt load but their sales are falling off. Their expenses were starting to rise. Its just an ugly picture.

I think the worst part about the whole thing is I have been calling this for well over a year or more. Why is it the street is just now starting to question them. Most were still saying buy and slapping $300-400 price targets. Just a joke!

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