Replies to post #11979 on Tesla Inc (TSLA)

[Porgie Tirebiter]

I'm serious. If Elon Musk were to get run over by a Model S with a malfunctioning autopilot tomorrow the stock would crater, as there is little intrinsic value in TSLA's equity.

That Nevada Gigafactory is for the most part still an empty shell of a building. It's going to take a lot of capital to actually get it on line. TSLA's cash burn is going to force them back to the debt market by the third quarter of 2018.

If you want to be an equity owner in any company, it's important to understand that company's debt. You can't assign a significant intrinsic value to any company's equity when it's debt is junk. https://seekingalpha.com/article/4124487-likelihood-consequences-tesla-credit-downgrade