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History is on infinite repeat, unless....: Tesla Plunges After Morgan Stanley Reduces Automaker’s Price Target by 37% http://www.bloomberg.com/news/2011-12-08

• angstrom 15y ago
  I see no electrocuted elephants. There's nothing wrong with changing expectations to match reality. I think the short term expectations might dampen, but the long term expectations are still intact. Oil refineries aren't being built to meet demand because the refiners know it's a finite resource. Prices will rise and hold and when they do it will force a switch, but the technology will be ready.