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Actually Tesla is not close to bankruptcy. https://cleantechnica.com/2019/05/31/the-media-is-telling-one-story-about-tesla-facts-tell-another/ https://cleantec
by DennisP 7y ago
Actually Tesla is not close to bankruptcy.
https://cleantechnica.com/2019/05/31/the-media-is-telling-one-story-about-tesla-facts-tell-another/ https://cleantechnica.com/2019/05/31/the-media-is-telling-on...
- kissickas 7y agoAs a Tesla shareholder, the problem is, I trust some of "the media." I don't trust cleantechnica. I have read far too many Seeking Alpha articles to even pretend like I am able to parse out these numbers on my own. What am I to do?
- DennisP 7y agoThe easy answer is to stop investing in individual stocks and buy index funds. Stock picking is hard enough when you can read financial statements. Media-driven stock picking is rarely successful long-term.
- marvin 7y agoYou could always hedge and sell half your shares. There’s not much extra info to be parsed here; the market price reflects all publicly available information. The question is whether you’re comfortable with a high-risk bet, or think you’ve understood something about the risk landscape that most others haven’t :) This is completely plausible.