Whatever you think of them, the Tesla fanboys have been proven more right then wrong and the likes of Matt Levine (and Bloomberg) are just bitter at this point.
A lot of EV startups like NKLA are going to come and go but very few if any will be able to replicate Teslas success in the long term. Retail investors are not always stupid, many of the same Tesla investors have been shorting NKLA since it came on via a spac offering.
Personally I don’t always love everything Elon does but I view him in many ways as a modern day Edison. It’s always funny to me to go back and read stuff said about Edison while he was alive. I very much color my view of Musk by historical perspective and try not to get lost in present day minutia.
A lot of EV startups like NKLA are going to come and go but very few if any will be able to replicate Teslas success in the long term. Retail investors are not always stupid, many of the same Tesla investors have been shorting NKLA since it came on via a spac offering.
Personally I don’t always love everything Elon does but I view him in many ways as a modern day Edison. It’s always funny to me to go back and read stuff said about Edison while he was alive. I very much color my view of Musk by historical perspective and try not to get lost in present day minutia.