PUT $TSLA? Tesla is a nice company with decent product. But other manufacturers will catchup eventually like streaming caught up with Netflix. I think $TSLA will chose to go down the $AAPL path and would deviate from its mission to move aggressively for cleaner fuel and complete electricity based vehicles because that will require them to manufacture lot of cars to meet existing demand and make it cheaper. Whereas from my business understanding, Tesla will allow other competitors to catch up but at the same time they will ramp up PR, marketing and branding either naturally like they do right now or inorganically as well to build fanbois like Apple and keep on cashing on prestige. Elon knows it too so he is playing smart by giving hopium to investors by talking crazy stuff like settling people on Mars. ( Reasoning: when you talk about very big bets which seems impossible you always get leeway on the timeline. It could be 10 years from now, 20, 50 or even 100) If you speak bogus things then people think less practically and continue to support ridiculous valuation.
You think itās easy to take money from Tesla and funnel into Spacex šš
If one can sell $TSLA for buying twitter and then pull out by giving weird reason No wonders you still have cash š° To fund space ventures
What If he sell $TsLa and buy 10 mansions and then sell houses to fund spacex??
Man.. it's so hard to decide which one of these guys is the bigger douche
One guy makes money once in a decade and losing money every single year before then and non stop boasting once he got it right. The other guy lose money for a decade then 10x the investor value, and push electrification Forward by decades and commericalize space launch to a private endeavor. Both are douche in their own right. But if you give the same amount of money to either one of them. In another 10 years, which one will actually bring new industry and innovation ? 500 years from now when we are all dead. Which douche will left more mark on the history. One guy who call asset bubble once a decade via calling crash every single year. Or the other douche is over promising in timeline but eventually advance humanity forward
I am no Tesla fanboy but iād argue teslaās vertical integration has all automakers on their toes. Teslaās super charger network is years(if not decades) ahead of any competitor. All automakers operate as bulky monoliths, they can not innovate or adopt tech at teslaās speed.
Vertical integration is meant for disruption, once the industry catches up the monolithic setup becomes more efficient and profitable
VW, BMW and Volvo are signing contracts with cobalt and nickel suppliers/mines to produce batteries. Vertical integration reduces costs, and improves profits by improving ops. I guess the disruption has everyone rethinking their strategy.
You are not very bright with limited imagination.
Like Trump said, Elon Musk is yet another bullshit artist lmao Once he loses to Twitter in the court, he will have to pay billions of dollars to them, and he cant afford that unless he takes out a margin loan off his Tesla stock and dump it further. After that he can open his own fertility clinic as he want to, what a clown.
Market can stay irrational longer than you can stay solvent. Tesla has never been a good business based on their fundamentals, but lots of bears have broken their teeth on it regardless. Now might be a good time to put: musk is likely to owe Twitter a lot of money, which means selling a lot of tesla. But don't fool yourself that it's not gambling.
Puts on Burry's wife.
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What does this has to do with tesla?
Tesla is fueling big bets of Spacex One cannot predict how long will it take for Elonās fantasy to mature.
How?