3 ms·
I think it’s unlikely that the majority of Tesla’s massive stock valuation comes from people who just wanted to see the likes of Mercedes hammer the final mail
by GW150914 8y ago
I think it’s unlikely that the majority of Tesla’s massive stock valuation comes from people who just wanted to see the likes of Mercedes hammer the final mail into Tesla’s coffin. I think there’s even a chance that they wanted to make money! If some people are to be believed, they even expected Tesla to be “the new GE” and that cars were only the beginning.
At the very least I think the idea that Tesla sought to be killed ignominiously by rivals while struggling financially was an unlikely game plan.
- zazen 8y agoThis sounds like a reasonable point to me, and I'm not sure why this and your other post in this thread are being down-voted. Elon Musk might well be OK with Tesla cratering, provided he gets to make an electric-car-shaped dent in the universe in the process. But Tesla, the still-publicly-traded company, can't plan to fail.
- GW150914 8y agoThis sounds like a reasonable point to me, and I'm not sure why this and your other post in this thread are being down-voted. In my limited experience comments critical of Tesla are immediately downvoted, but often recover after a while if they're making good points. I think people can be very defensive of Tesla and Musk, and they vote accordingly. Fortunately the community at large seems to be fair enough to override that. The real problem is that a lot of articles which are less than fulsome in their praise of Tesla are rapidly flagged to death. It’s good to see this article gaining some traction.