> Tesla is the only Western electric car company in the top 20
replyWV is number 6 in the top 20, and BMW is number 10. And while Tesla has good sales now their lack of innovation is a huge risk.
https://www.blackridgeresearch.com/blog/list-of-global-top-e...
> In defence of Mr Musk, despite his character flaws, Tesla is the only Western electric car company in the top 20, and this includes Korea and Japan. Also, SpaceX is ~90% of the world's commercial rocket launch capacity.
replyThis conflates the quality of the product with the value of the business. There is no contradiction between Tesla cars selling well because they fit a market and Tesla the business not being a good investment.
> you can always short the stock.
replyWhich is going not too badly for the shorts, so far. There's a reason almost 50% of the float is loaned out.
We'll see once the earnings call rolls around.
Possible that a lot of those shorts are by early SpaceX investors who want to lock in a specific price before their share lockup period ends.
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