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by poulsbohemian 2902 days ago
Here's the mental gymnastics I go through, and as it sounds like you have done some thinking on this, perhaps you have insight... if Tesla eventually reaches a point of desperation, isn't it reasonable to think they would sell to some better-capitalized party, at which point the stock would have value (in conversion to stock of the other party, if nothing else)? So, while it might currently be overvalued at ~ $300/share, if they succeed in their goals that will seem cheap, and if they fail you'll still more than get your money back out of it. Is that just misguided optimism on my part?