That's possible, he totally screwed over his wife big time. It's been awhile since I heard her story, but he lied and misrepresented things to her, just to dump her like hot worthless, garbage after years of marriage. She trusted him and got quite burned.Quote: black2
I believe he is a con man. All of his grand ideas are just an illusion to try to prevent investors from unraveling the scam. Anytime someone questions his integrity or his businesses, he will tweet out a new venture he is working on. All part of the confidence scam.
Every bull market has a scammer. Last one was Bernie Madoff, this time it is Elon Musk. When this bull market turns south, I suspect Elon will be exposed and Tesla stock will crash below $50/share.
But can you explain how they get a 12.5:1 comp ratio to run properly on pump gas? Asking for a friend...
I agree Tesla is overvalued, but it's worth is determined by the free market. People look at the future of GM and Tesla and think Tesla has the brighter one. I love Tesla, have a deposit on a car but don't own any stock. I'm not crazy about GM, own some stock in it and it was up about 20% last I looked. My understanding is that the first generation Volt was released prematurely and had a number of problems, but the new generation is a pretty good car. It might be comparable to the Tesla 3. Time will tell.
I hope it succeeds and my stock takes another jump.