Very interesting analysis. Tesla shades right up to (and often over the line) over and over again. Elon Musk has enough of the PT Barnum in him to keep the investors pouring cash into his company, but the question is how long until the bloom is off the rose.
And then how big will the collapse be?
4 comments:
About as long as Netflix can continue to bleed money...
Yep, it will collapse sooner rather than later!
Well, I hope my company, which makes stampings for them, isn't left holding the bag.
Not, Tesla is not Enron.
For a long time, Enron was profitable.
(Enron's sin wasn't being a Ponzi scheme, it was shady regulatory arbitrage.)
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