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by awkwardtortoise 3320 days ago
> I'm a huge Elon Musk fan and I deeply share his vision for getting humans on mars, being more environmentally friendly, etc. However, I'm starting to lose faith in him.

Same here. A fan of musk. But SCTY's demise should serve as a canary in the mine. TSLA had to buy SCTY to prevent it from going bankrupt.

Not going to bet against Musk since he is a great salesman and he seems to have a lot of powerful friends who have and are willing to bail him out, but TSLA is a company that might not be around in 5 to 10 years if the business/economic environment shifts against him.

He better hope his TSLA self-driving software is the best in class.

People forget that Musk and TSLA was pretty much bankrupt 10 years ago before he got bailed out.