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Musk is now reliably erratic. He's convinced his dramas are entertaining, and he's playing it all for the attention and the lulz. None of that makes him a cred
by TheOtherHobbes 1y ago
Musk is now reliably erratic. He's convinced his dramas are entertaining, and he's playing it all for the attention and the lulz.
None of that makes him a credible or even a competent CEO.
Considering that Tesla's P/E is the highest in the S&P 500, and is 3.5X higher than the next company in the list, it's been hinted that Tesla's valuation is coming from - cough - alternative sources and isn't a sensible estimate of potential earnings.
Mocking conventional investors seems very much the current MO, just as much as mocking customers.
So I don't care what he's betting the company on. Tesla is now a drama for the sake of drama stock, and anyone who is expecting it to produce credible products may want to reconsider that possibility.