Comment by karmakurtisaani

I was very close to going short on Tesla yesterday. Very glad I didn't in the end. The fundamentals of the company are absolute trash, yet the stock price is through the roof year after year. One day the crash will be epic.

Fischgericht 3 days ago

In the last couple of months it was really crazy: Some inconvenient truth came out, and within minutes the stock made a huge jump UP. Who regards it as a good sign if a car manufacturer just got ordered to pay $200 mio in damages in just one single Autopilot crash case, creating precedent for a lot more of lawsuits.

I think you could wake up one day, read the WSJ with the headline "All Tesla cars ever sold have just exploded at the same time, killing hundred thousands of people" - and the stock price would surge 10%.

I really would like to know what the stock price would do if Tesla had good news. But I guess we'll never find out about that one... ;)

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malshe 3 days ago

I think in a weird way SpaceX listing publicly would trigger Tesla’s downfall as Elon fans will switch to that stock. Then SoaceX will buy out Tesla.

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MBCook 3 days ago

That’s a good point. Can Tesla fail?
Seems like he’s constantly using one company to fund others, shuffling the cups and balls around claiming everything is still fine.
I could see him doing serious damage or even trashing an otherwise healthy company doing this to prop up total failures.

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- malshe 3 days ago
  
  > Can Tesla fail?
  If SpaceX buys it, it will fail upward :)
  He did that with SolarCity when Tesla bought it then repeated with X when XAi bought it.
  
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