Quote:
Originally Posted by speeder
So I guess the question is, why doesn't everyone in this thread celebrating the imminent demise of Tesla simply short them and get rich? No-brainer, right? 
Not so simple. I've always believed that Tesla was not sustainable in current form. I still thought a lot about buying their stock 4 years ago and passed, which was probably a mistake. There is a very real chance that they will be acquired by a mammoth concern like GE that desperately needs a cutting edge market segment to counter the dying traditional markets they have been in for decades.
They would have unlimited capital to push Tesla in whatever direction they think it needs to go and also run it w better managers than it has now. The catch is that whoever buys Tesla needs to buy Musk w it, he is the Steve Jobs of the company and wildly creative, if not the best CEO around. IMO.
Or Tesla could completely implode w no buyers in sight. Put your $$ on black or red if you have the stomach for it. |
The market can stay irrational longer then you can stay liquid.