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Musk has to leave for Tesla to have a shot at a future. There's an ever-shrinking cadre of "investors" willing to buy Musk's "promises" in lieu of delivered res
by taylodl 2y ago
Musk has to leave for Tesla to have a shot at a future. There's an ever-shrinking cadre of "investors" willing to buy Musk's "promises" in lieu of delivered results. That's unsustainable. Get rid of Musk and absolutely their stock price is going to "tank", or I should say re-adjust to what it should have been all along.
Part of sending Musk on his way would involve Tesla owning up to what they are: an EV auto company with massive vertical integration on the charging side that allows their customers to charge at home, off-grid, and during their travels.
Robotaxis and robots are a distraction from their core competency, and in my mind, makes their stock less valuable.
- damnitbuilds 2y agoBut their valuation was based on those distractions, not on being "an EV auto company..."
- bdangubic 2y agothat’s exactly it… and Musk’s margin calls would kick in hard if Tesla stock starts going where it should be. This is a pickle they are both in, can’t move on from each other and can’t stay together
- taylodl 2y agoThat's why I began with "Musk has to leave for Tesla to have a shot at a future." Tesla needs to decide if they're going down with Musk, or whether they're going to slog through a market correction and likely come out the other side well positioned for growth. The choice is theirs.