To be fair, market has been decoupled from reality on the ground for a while now. Just the fact that companies were able to operate giving stuff away for free only to suddenly yank the chain in a desperate bid to gain profitability later should be enough of a signal.
That said, as much as I dislike Musk ( and I have bet money against him before ), his instincts are likely not wrong. And it does help that, clearly, he knows how to bs well.
I am not saying you are wrong, but I think he is just a poster child for everything wrong with current market ecosystem.
That said, as much as I dislike Musk ( and I have bet money against him before ), his instincts are likely not wrong. And it does help that, clearly, he knows how to bs well.
I am not saying you are wrong, but I think he is just a poster child for everything wrong with current market ecosystem.