Tesla is one of those stocks that defines the word "Bubble"
It is burning tremendously high amounts of cash daily,
and may not be able to go back to the credit market
to borrow even more debt.
Even though they say they can't keep up with demand,
their 9000 person company is woefully able to keep up with minimal demand.
Car lots that showcase their electric cars show lots full with unsold cars.
The SEC has launched an investigation into the CEO's botched attempt to take the company private,
further putting pressure on their business model.
Stock chart says 250 is next for the stock.
After that, well all bubbles eventually end ..with absolutely nothing.
THE_UNWIND
It is burning tremendously high amounts of cash daily,
and may not be able to go back to the credit market
to borrow even more debt.
Even though they say they can't keep up with demand,
their 9000 person company is woefully able to keep up with minimal demand.
Car lots that showcase their electric cars show lots full with unsold cars.
The SEC has launched an investigation into the CEO's botched attempt to take the company private,
further putting pressure on their business model.
Stock chart says 250 is next for the stock.
After that, well all bubbles eventually end ..with absolutely nothing.
THE_UNWIND