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Maybe it's manipulation so that insiders can get much richer by buying in as the price drops and ride the inbound wealth if the Model 3 is successful. GS compl
by gregjw 9y ago
Maybe it's manipulation so that insiders can get much richer by buying in as the price drops and ride the inbound wealth if the Model 3 is successful.
GS complaining about a price dropping is always a self-fulfilling prophecy and hopefully, Tesla can very quickly bounce back.
- curiouslurker 9y agoSounds likely, given that GS and Elon are tight. They gave him a huge personal line of credit on extremely favorable terms!
- almost_usual 9y agoIt's a highly volatile speculative stock, the price is going to fluctuate often because it's based on imaginary value.
- solomatov 9y agoIt's not imaginary, it's just uncertain.
- almost_usual 9y agoThe grand vision of Tesla and what's driven the price up does not exist. If you were to ask someone the idea of Tesla and why it's worth so much I'm sure you'd hear an "imaginative" answer.
- solomatov 9y agoPersonally, I don't believe that Tesla will capture the auto market in a way that justifies the current price. It's a great company, with the great product, but the market is overcrowded, and I am sure that the margins will suffer because of this.