Tuesday, May 7, 2019

Is Tesla the new Enron?

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:

  1. BeansMay 7, 2019 at 3:55 PM

    About as long as Netflix can continue to bleed money...

    ReplyDelete
  2. Old NFOMay 7, 2019 at 5:27 PM

    Yep, it will collapse sooner rather than later!

    ReplyDelete
  3. Ed BonderenkaMay 7, 2019 at 10:12 PM

    Well, I hope my company, which makes stampings for them, isn't left holding the bag.

    ReplyDelete
  4. Lawrence PersonMay 7, 2019 at 10:13 PM

    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.)

    ReplyDelete

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