5 ms·
It's been interesting seeing the success of the Tesla stock when all I hear about is bad working conditions at the company.
by CSMastermind 4y ago
It's been interesting seeing the success of the Tesla stock when all I hear about is bad working conditions at the company.
- paulpauper 4y agoWall Street does not care. It's also worth noting that plenty of other companies have reportedly bad working conditions, such as Chipotle and Disney, but get much less media coverage. Tesla is literally the biggest target.
- mikkergp 4y agoI've heard various iterations of this philosophy over the years: https://www.marketwatch.com/story/why-it-can-pay-to-buy-the-stocks-of-companies-you-love-to-hate-2020-01-31 https://www.marketwatch.com/story/why-it-can-pay-to-buy-the-...
- SyzygistSix 4y agoWhat we hear and how informed we are about the conditions are not necessarily the same thing. And I would add that anything that hurts Tesla and SpaceX is a desperately needed opportunity for others in those industries to claw back market share. There is a lot of genuine criticism of Musk but gunning for him is also a good strategy from would-be rivals that are unable to compete as well regarding production and desirability. At this point slowing down Tesla and SpaceX is one of the only strategies left to companies that have fought the current changes to those industries for decades.
- stefan_ 4y agoDid you also happen to hear of the "success in crypto coins" where no on even pretends to be working on anything?
- mmastrac 4y agoThere's likely a tenth-ening still left in Tesla stock, don't worry. There's a lot of hype holding that valuation. I wouldn't be brave enough to try and short it, however.