Everyone I know who drives a Tesla thinks it is great. But, that is an entirely separate issue apart from the disastrous financial fundamentals with this company and stock, which all point to these shares being grossly overvalued, and raise serious questions about whether this company can even survive long term. The financial model here is a total train wreck.
Exactly. People need to understand that red equals green. These prices are a bargain. People also need to understand that media blitzes of bad news are orchestrated. The $10 narrative today was a precise example of how markets are controlled. Tesla always bounces back. I don’t own any but I love following it.
Tesla is no where near same league as aaple Amazon Facebook or Google it Microsoft. Tsla has major competition costs and low margins. FB and Google sell ads. Without internet FB and Google wouldn't exist. AAPL and msft would be worth a lot less without internet. Tesla can only be so big otherwise they are a monopoly. Good luck it's going to $150 maybe lower