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RE: Tesla IS Broke: Just An April Fool’s Joke?
I'd be curious as to the breakdown of Musk's investors. My guess would be that his fanatical following of techies would be nearly the only remaining investors, with the exception of other SV bigwhigs and firms. Institutional investors and wall street in general have expressed disdain for Tesla from day one, except when they have seemed invincible. Thoughts on whether Musk himself is causing the ship to sink?
Frankly, I do not know. Musk is kind of an enigma too me. He is probably a master persuader and got the right connection. Thus, he can dodge the bullets for a long time. However, there are still sane investors that think TSLA is worth a lot more than today's stock price. Then they value TSLA as a tech company in a monopoly situation (such as Google). I think they forget that TSLA is competing in the world of atoms (not bits).