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Old 11-15-2017, 09:34 PM
SamuelA is offline
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Join Date: Feb 2017
Posts: 2,921
Quote:
Originally Posted by Ravenman View Post
Did Elon Musk run over your puppy at some point? Cut you off in traffic?

This jihad you have about Tesla is really out of control. I'm not saying that Tesla is beyond criticism, but damn.
A big bunch of people are trying to spread rumors that Tesla is going to collapse so that the stock price for Tesla will finally drop.

Tesla is overvalued. I'm a big fan of them, but they do not have the inherent worth of Toyota, which has vastly more revenue, factories, market share, 10 times the R&D budget, 10 times the employees, and is the most respected automaker in the world. Yet at the moment Tesla's market cap is similar.

So a bunch of people have been trying for months now to make the bubble pop now rather than in a year from now when their short options have expired. In the long run, Tesla's market value will most likely be corrected down to it's true worth (maybe 20% of the value of Toyota at best), but for people who have sold Tesla short, if it doesn't collapse now, they will lose whatever they spent on options.

Of course, "The market can stay irrational longer than you can stay solvent."

Last edited by SamuelA; 11-15-2017 at 09:36 PM.