Reply to Tesla stock

Forum Index » Money and Finances

Reply to "Tesla stock"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]Telsa stock has been ludicrously, preposterously overvalued for years.  I've lost $ shorting it and buying puts, knowing that eventually it would crash 90% like other absurdly prices story stocks over the years, e.g., Cisco, Lucent, etc.  Unfortunately the cult of personality kept the stock elevated for longer than I could imagine, and I've given up profiting on the return to normalcy.  Eventually it will hit $50 or lower, but there are so many dittohead Elon worshippers, even after seeing how crazy, inept, and impulsive he is over the last three months, that it's hard to predict when that will happen.  In the meantime, overpaying by $40B for Twitter, upsetting and driving away Twitter advertisers, provoking and driving away his Tesla customer base, and continuing to sell Tesla shares despite repeated promises not to, all are starting to clue people in to who Elon really is - a fraud.  Eventually Tesla will be valued like a car company, which it is.  All the car companies are now doing the things that made people believe Elon's BS that Telsa is a "tech" company and so should be valued like Google or Amazon instead of Kia or Toyota.  Well, eventually it will be valued like Kia or Toyota, as it should have been all along, and these tech companies will join the dot-com stocks as cautionary tales about what happens when investors value things based on hype rather than facts.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics