Quote:
Originally Posted by Dad
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So he’s a con man because he pushes innovation to the max and hasn’t hit some financial mark? Shocking that a guy trying to disrupt one of the most powerful industries in the world is hitting road blocks.
He is a force doing great things for Our Future.
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Actually, I don't think he's that many regulatory road blocks considering the size of the giants he's gone up against - that's more of a surprise, but rather a good one - BUT suspect!
What does shock me is how he's able to consistently miss earnings, run his bottom line in the red quarter-over-quarter, provide lofty assumptions for growth and profitability that have yet to come to fruition and still secure insane amounts of capital.
I also think that Tesla is going to end up adopting this "Throw-away" culture we've gotten used to (think iPhone). Every couple years you need a new one because ...
The only other capital phenomenon I've seen like this is Amazon. They produce razor thin margins ~<1%ish and would post QoQ negative profits (prior to the past few years) and still their stock would (and continues to) soar.