I actually have stopped caring. Anyone who invests in the public markets is nuts. Anyone who believes they can hand their money over to someone to make it grow is nuts. Stop living on unreliable hope.
When Musk made this announcement, it was totally obvious it was an asteroid passing through the outer reaches of space.
It’s the first reasonable opening he’s given the [financial energy military industrial you fill the blanks] complex.
This dude, on his own, has made electric cars cool. I have no idea about his real persona or history, but that he’s done. After literal decades of skullfukkingduggery by energy companies in bed with auto companies screwing the whole thing up.
The narrative is not “finally we find out he’s crazy”. There’s more to come, of that I’m sure.
The narrative as far as we, distant individuals, are concerned, is that he has changed the concept of the level of vehicular pollution for the future, and let’s be damn mindful not to forget it.
*mind you, Toyota’s work on fuel cells is even better. But they’re not as cool as Tesla.
Dude, I think you’re quoting me quoting @localhost.
I pretty much agree with everything you’ve said.
Yeah, it was pretty much like every other bit of Musk hysteria - the stock takes a predictable plunge, smart investors get a nice bargain-buying opportunity, and a couple of days to maybe a week later, the stock price is right back where it was.
Exactly the same thing happened on the OMG TESLA CEO SMOKES DOPE hysteria - and as I pointed out then, when the price predictably plummeted (Plummeted, I Tell You! Collapsed! Tanked!) anyone who bought shares on that morning’s dip could have sold them two days later for a $25/share uptick.
Me, I simply held the shares I already had, and ‘made’ $5/share in the same period,
I suspect this will take a bit longer to bottom out and climb back up, but I expect in the long run it’ll make no real difference at all.
Thanks. I read the complaint.
I stand by my assertion. What you’ve quoted is what I called ‘a blunder,’ which I said he should be penalized for.
But he didn’t do it to deliberately cheat people out of money.
What he did, he did with the best of intentions.
But good intentions aren’t alway enough, especially for the SEC.
I really hope all of these long proposition work out for everyone who believes in the value of this company.
My only advice would be that it’s more prudent to make money now then to hope this goose’s egg is made of gold some years down the future. Would it be great if this if the new Apple? Sure.
There are eaiser, faster, less risky ways to produce better returns.
This topic was automatically closed after 5 days. New replies are no longer allowed.
