The (Overdue) Collapse of the Most Overhyped Company [video](youtube.com)
youtube.com
The (Overdue) Collapse of the Most Overhyped Company [video]
https://www.youtube.com/watch?v=voh9JSRYrEI
2 comments
He’ll pivot to robotics and AI. Rinse and repeat for another decade.
Goes without saying Tesla as an automaker is an old story. Don’t expect new products/ expect bad quality, bad service and issues.
FACT: Tesla revenue is declining (not growing) yet the stock is still forward priced to account for explosive growth --- from products that Tesla doesn't earn any money from yet and may never due to the same reasons that apply to cars.
But facts don't seem to matter with Musk and his companies. The only words that really seem to fit best are "hype" and "cult".
But facts don't seem to matter with Musk and his companies. The only words that really seem to fit best are "hype" and "cult".