2 ms·
Musk's most basic skill is con artistry. He conned "institutional investors" with pie in the sky promises that are now long overdue and nowhere close to being
by jqpabc123 2y ago
Musk's most basic skill is con artistry.
He conned "institutional investors" with pie in the sky promises that are now long overdue and nowhere close to being met.
Example: He bragged about having a million orders for Cybertruck. Only about 50k have been registered.
https://finance.yahoo.com/news/demand-off-charts-elon-musk-140043069.html https://finance.yahoo.com/news/demand-off-charts-elon-musk-1...
Now that these "investment professionals" bought what he was selling in a big way (they hold 70% of the stock), they are reluctant to admit they were snookered by selling and locking in their losses. Their upcoming performances bonuses hang in the balance.