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by bluehawk
3407 days ago
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I can sorta understand how he got there. Historically, making a car company is very, very hard. It's a tough industry to crack into. So when you see a startup car company with a hugely inflated stock that has a (based on historical data) very low chance of success, it makes a lot of sense to bet against it. But as it succeeds, you have to keep doubling down on the idea that it can't possibly deliver on it's promises and will fall on it's face eventually. At some point he slipped from making a reasonable bet to frothing at the mouth a bit. |
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