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by xkjkls
3004 days ago
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I think a service like that misunderstands investing. The old Druckenmiller quote goes, "it doesn't matter how often you are right or wrong; what matters is how much money you make when you're right, and how much money you make when you are wrong." Has Tesla's stock price defied gravity up until this point? Sure. But eventually it's going to need some real reason why it's the most valuable car company in America. And, as it's bond prices are showing, there are some serious existential risks to its business. A short still makes way much more sense here. |
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