Burning (Sometimes Literally) Questions Open Thread: Not Single Spies, But in Battalions

 

I doubt I’m going to be able to understand much of Ludicrous, but I may have to read it anyways.  From a longer thread:

 

2/ But with the Twitter acquisition, Musk has gone full alt-right. And where the previous stock price required the press to mirror fantastical, illogical claims about autonomous robots, self-driving cars, and a magical future? Expect more skepticism.

3/ Tesla’s stock price is completely divorced from any kind of financial reality. It’s worth MAYBE $150, and even at the new low if not worth $680. People are going to start digging into stock market questions, like “How profitable is each car Tesla sells?”

4/ An army of utterly unethical Tesla-hype media (profiting from their own investments) has convinced people to look past these fundamental valuation questions for a long time. Those days are coming to an end where more of the mass public sees Musk for the fraud he is.

5/ So, please bookmark this Tweet. Expect a Tesla stock crash soon. It’s going to go the way of WeWork, Theranos, Luna and all these other great scams of the 21st century. It will eventually settle of a fair valuation. Probably around $100.

6/ Quick addendum: My main comparison here is to WEWORK. It’s literally the first sentence. WeWork is still around, selling office space. Secondly, in comparing Tesla to Theranos, I specifically mean the silencing of critics. Tesla has a long history of attacking journalists.

7/ I read Musk’s recent announcement of a legal attack team as further intention to sue critics. Additionally, there are armies of financially-motivated Tesla propagandists hyping the stock. Theranos silenced critics and investors paid a steep price. The comparison is fair.

 

 

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