I suspect that we are at the beginning of a phase marked by both successful and failed attempts of managed decline (institutions getting out) and sudden gap downs and dives due to a constellation of devastating news events in the pipeline. Not only is the Tesla fairy tale rapidly disintegrating due to the highly publicized childish behavior and incompetence of the CEO, lack of proper oversight by the board of directors, poor quality issues of brand new cars, long wait time for after-sale support and service, collapsing Model 3, S, and X market / sales, and the onslaught of better EVs from more respected car makers, the waves of scandalous revelations and financially ruinous lawsuits are yet to arrive in full force. The way Musk and the Tesla board have handled the crisis following the fraudulent go-private tweet leaves me little doubt that Tesla will not survive without timely, wholesale replacement of the management team (Elon Musk in particular) and the Tesla board. I believe TSLA will revisit $250 before end of September. What is that? Where is it from?
Maybe it is time for Musk to google "ratner effect". Will keep him maybe away a bit from social media.
https://finance.yahoo.com/news/elon-musk-reportedly-reached-other-182102729.html The Journal reported on Friday that Musk looks for tweets with the hashtag $TSLA — often used by Tesla short-sellers — and has on many occasions contacted top executives at companies to inquire about employees who may be publishing negative tweets about his electric-car company. Musk told The Journal that in July he emailed Volkswagen CEO Herbert Diess and asked if one of his employees was using Twitter to criticize Tesla under a false name. A Tesla representative told Business Insider that Volkswagen determined the employee's brother was behind the tweets.
I hope Musk will be jailed for this. Billionaire or not, what he is posting, without any evidence, is disgusting. https://www.businessinsider.nl/elon-musk-cave-diver-buzzfeed-2018-9/?international=true&r=US
I told you guys... an electric plane was more than likely next from the House of Elon. https://www.theverge.com/2018/9/7/1...-weed-electric-plane-design-joe-rogan-podcast PS... Thats not a cigar he's hittin'. Thats not going to go over well I suspect.