Replies to post #36622 on Tesla Inc (TSLA)

[boston745]

Momo due to fraud, manipulation, propaganda, etc...

Weeding out the fluff and sticking to the basics of Tesla’s business, he says that, “however you might want to dream about autonomous taxis, spaceflight, tunnels underground, whatever - they are a car company, and they are an unprofitable car company.” Chanos said during Barron’s Executive Briefing on Investing and Money on Monday.

Labeling the market’s momentous growth phase as a “Golden age of fraud,” the short seller hints that financial frauds would come undone once the market enters into a contraction phase. He drew some of these references to the dot-com bubble burst two and a half decades ago.