Described Tesla to a TEE! I remember buying in at $90 and people saying "Inflated! No way it goes higher! It's gonna crash! It's a shorter's paradise!"
ppcap & SS1: Describing Tesla? Maybe if you remove the $465 BILLION that the government loaned them and look at where they'd be then. Nobody has shown that any,ANY entity is stepping in to hand MINE a dollar much less $465 million. Now if you can show that someone has stepped up and basically given MINE millions at almost 0 interest you might just have something. Until then? Nada.
Tesla had just staggered through a year of layoffs, canceled orders, and record losses. Then suddenly, salvation. The U.S. Department of Energy offered to lend the company $465 million at rock-bottom interest rates.