copyright1997reloaded
Thinks s/he gets paid by the post
The guy's a crackpot.
Nobody wants some clunky old electric car. They are just a bunch of glorified golf carts.
Land and reuse rocket boosters? He must be insane. That only works in science fiction movies.
No way an American company can economically compete with rockets made in China, Russian or even Europe.
The guy's a nut case. Ignore him.
Teddy Roosevelt - "It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."
I have no idea if Mr. Musk will succeed in making Tesla a profitable ongoing presences in the auto industry. I don't own the individual stock and have no plans to do so. But, Must does things that seasoned experts would never try. The guys and gals at CNN? They can go jump on trampolines.
So are you long TSLA?
I don't own Tesla stock, nor am interested in shorting it. I don't even actively follow the company or its CEO, other than read the articles that keep popping up daily on these Web sites.
Just as a passive observer, I saw that the stock price jumped up after the most recent quarterly report, when Musk apologized for his bad behavior in the previous quarterly report. And people started to give him credit for improving the production rate of the Tesla 3.
Then, why did Musk go nuts and do that silly Twitter post about $420/share buyout?
Looks like he is like so many people who crave the limelight that these posts bring. They like to see their name mentioned daily in print, and on various Web sites, I guess.
I am in your camp. This stock is a "don't touch". Way too crazy for me, I will stick with my boring AAPL, ADI, EW, HON, and others. You know, companies that actually make money.