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by ac29 463 days ago
> The problem, and it's a big one, is that getting rid of Musk, would mean that the stock craters 90% at least.

Its down 45% YTD, and >50% from the high last year. I agree there is more to run before Elon is out, but not 90% more.

1 comments

It's a medium sized car company with shrinking sales still valued like the rest combined. Without a prophet at the helm that makes them the obvious (to adherents) #1 autonomy company and clear personal robot monopoly, there can easily still be 90% drawdown from here
On way to think about it, is that if Tesla crashes 90% from here, it would STILL be more valuable than GM or Ford.