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It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so b

It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so badly.

bluehawk 10y ago
I can sorta understand how he got there. Historically, making a car company is very, very hard. It's a tough industry to crack into. So when you see a startup car company with a hugely inflated stock that has a (based on historical data) very low chance of success, it makes a lot of sense to bet against it. But as it succeeds, you have to keep doubling down on the idea that it can't possibly deliver on it's promises and will fall on it's face eventually. At some point he slipped from making a reasonable bet to frothing at the mouth a bit.
- johngalt 10y ago
  The market can stay irrational longer than you can stay solvent. -Keynes
paulpauper 10y ago
It's possibly related to the fact his fund is bearish on the stock market, which as been a losing proposition for the past 8 years. Maybe he is short Tesla. Tesla as well as the bull market keeps defying the odds. Optimism pays.
kaykay 10y ago
Might have shorted Tesla
- paulpauper 10y ago
  i think so ..I think it's hubris ..I stopped listening to most 'experts' long ago..
Florin_Andrei 10y ago
> I wonder why some people want to see Tesla fail so badly. A regressive mindset.
idiot_stick 10y ago
Ad someone who has been accused of that, you're flat out wrong. There is a difference between Tesla, the car company (good) , and TSLA, the stock, which I belive is overpriced and has grey area accounting (bad). Sometimes they get confused.
boznz 10y ago
Is it just Tesla? he seems to have a personal vendetta against Musk looking at some of his comments.
prawn 10y ago
"I wonder why some people want to see Tesla fail so badly." I think often people react really strongly to others liking something or wanting it to succeed. The more people like something, the more others react.
tokipin 10y ago
Its politicization during Obama's first term (Solyndra et al) threw it into the conservative news grinder, and for many people it's still spinning in that context. This is probably where the whole "Tesla is only alive because of government life support. And look at SpaceX just SIPHON cash straight outta NASA's coffers!" stuff comes from.

It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so badly.

bluehawk 10y ago

I can sorta understand how he got there. Historically, making a car company is very, very hard. It's a tough industry to crack into. So when you see a startup car company with a hugely inflated stock that has a (based on historical data) very low chance of success, it makes a lot of sense to bet against it. But as it succeeds, you have to keep doubling down on the idea that it can't possibly deliver on it's promises and will fall on it's face eventually. At some point he slipped from making a reasonable bet to frothing at the mouth a bit.

johngalt 10y ago
The market can stay irrational longer than you can stay solvent. -Keynes

paulpauper 10y ago

It's possibly related to the fact his fund is bearish on the stock market, which as been a losing proposition for the past 8 years. Maybe he is short Tesla. Tesla as well as the bull market keeps defying the odds. Optimism pays.

kaykay 10y ago

Might have shorted Tesla

paulpauper 10y ago
i think so ..I think it's hubris ..I stopped listening to most 'experts' long ago..

Florin_Andrei 10y ago

> I wonder why some people want to see Tesla fail so badly. A regressive mindset.

idiot_stick 10y ago

Ad someone who has been accused of that, you're flat out wrong. There is a difference between Tesla, the car company (good) , and TSLA, the stock, which I belive is overpriced and has grey area accounting (bad). Sometimes they get confused.

boznz 10y ago

Is it just Tesla? he seems to have a personal vendetta against Musk looking at some of his comments.

prawn 10y ago

"I wonder why some people want to see Tesla fail so badly." I think often people react really strongly to others liking something or wanting it to succeed. The more people like something, the more others react.

tokipin 10y ago

Its politicization during Obama's first term (Solyndra et al) threw it into the conservative news grinder, and for many people it's still spinning in that context. This is probably where the whole "Tesla is only alive because of government life support. And look at SpaceX just SIPHON cash straight outta NASA's coffers!" stuff comes from.