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Reply to "Is $TSLA a buy here?"
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[quote=Anonymous][quote=Anonymous]I'd say it's a speculative buy opportunity. Leaving politics out of it, which many here seem incapable of doing, it's clear that Musk is a visionary businessman. His track record is undeniably impressive, his companies are leading edge in areas of potential unlimited growth, and have been successful. That doesn't mean his every business venture will succeed, or that the path to profitability will be linear and consistent, but I'd never bet against him. The current political climate is affecting his businesses, adding an additional element of likely volatility, so investing now has to be characterized as speculative, at least in the near term. [/quote] Dude, his erratic behavior created current political and economic climate of chaos and put the chaos monkey in charge. Good luck with any long term investments! His superpower is reckless, uninhibited risk taking, but it is obvious that it has backfired and his business empire will inevitably fail because it is propped up by people investing in him and his hype not in his business's fundamentals. Oligarchs like him either go nuts (like H. Hughes, Getty, Vanderbilt) or fall out of the windows like in Russia. I bet Elon will go in a way similar to those guys.[/quote]
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