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It’s simplistic to just trust the justice system in this case. Since short sellers pushing false narratives have drummed up a lot of hate, Tesla sometimes has t
by natch 4y ago
It’s simplistic to just trust the justice system in this case. Since short sellers pushing false narratives have drummed up a lot of hate, Tesla sometimes has to “take the hit” as Elon put it. Judges and juries have the power, not lawyers. And they are not perfect and neutral, even though in a naively idealistic notion they are supposed to be.
Also your points were well answered by a different commenter but instead of discussing the good, interesting points, someone just downvoted. This is how it goes with Tesla. It’s some kind of weird thing that happens with companies that make products perceived as luxury, I guess, but in this case aided by short seller media campaigns.
- _8j50 4y agoYou think the justice system is stacked against Tesla? The US justice system?
- HWR_14 4y ago> short sellers pushing false narratives have drummed up a lot of hate I haven't really seen evidence of false narratives. They definately push negative news. > Tesla sometimes has to “take the hit” as Elon put it. Wait, you dismiss what short sellers say because of economic incentives but don't consider that Elon Musk could be putting out a false narrative? Because his entire personal net worth wouldn't collapse to zero if Tesla tanks? At any rate, a jury trial is as good as you can get to determine truth. After all, highly paid people on both sides present as powerful an argument as they can to twelve disinterested people. How better to figure out what's true?