I say who cares about the article. Tesla now has more than enough operating capital and the stock is now beyond being undermined by shorts and articles like this one. The factuals and counterfactuals can be argued ad nauseum, but the truth will only play out over the long term through every quarterly report. The best part of the article and the associated video was the "love the car, don't love the stock" (same as Cramer) - I hope every Wall Street fat cat reads that and decides he/she has to have the latest high-tech, but doesn't believe that high tech is worth the hype or the investment - Tesla doesn't need more investors.
The messaging narrative that Tesla needs to win going forward and building momentum to Gen III is not the investment narrative, but the consumer one - the more articles like this that affirm that "it's a great car, but an overvalued company," the better, because let's face it, the stock really could take a breather. And the basic debate as to wether the Gen III will meet cost expectations will be decided in the future by Tesla's design and price when it debuts, and by consumers, not this guy writing a mis-informed article three years out.
The messaging narrative that Tesla needs to win going forward and building momentum to Gen III is not the investment narrative, but the consumer one - the more articles like this that affirm that "it's a great car, but an overvalued company," the better, because let's face it, the stock really could take a breather. And the basic debate as to wether the Gen III will meet cost expectations will be decided in the future by Tesla's design and price when it debuts, and by consumers, not this guy writing a mis-informed article three years out.