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I'm not sure Tesla's public market story is over. It's somewhat absurd for a company to announce a plan that would require $40 billion in capital to be raised t
by xkjkls 8y ago
I'm not sure Tesla's public market story is over. It's somewhat absurd for a company to announce a plan that would require $40 billion in capital to be raised to finance it, and offer no details on where that is coming from.
Two, Tesla has large operating losses to go along to its CapEx and many shorts dislike how exactly their choosing to classify many of their expenses. Depending on how you look at their accounting, you can easily believe this company is completely structurally unprofitable.
The people who are betting against Tesla are not stupid.
- paulpauper 8y agoThe people who are betting against Tesla are not stupid. Smart people lose money all the time: victims of mt gox hack enron long term capital management 2000 dotocm crash Bill ackman's herbalife short. and and and on
- xkjkls 8y ago> victims of mt gox hack ok bro, I'm not sure we have the same definition of smart people if yours are people decided to buy a bunch of cryptocurrency and keep it all in a website built in php
- paulpauper 8y agoone person I know, a physicist, said he lost 50 btc in the hack. in hindsight keeping the coins there was stupid but at the time it seemed safe
- dragontamer 8y agoI go to physicists to learn about physics. I wouldn't ask them a question about finance. I go to an economist, or maybe a trader, to learn about money and finances.
- whymauri 8y ago"The market can remain irrational longer than you can stay solvent" - keynes