The unwavering short-sellers think the stock should be in the single digits, and eventually zero. The non-accredited die-hard true-believer longs were upset at the prospect of their shares being called in at $420. The media loves it all, as negative and/or outlandish headlines generate far more clicks than the usually boring business stories.
I've never seen a stock with more divergence and polarity. Does the positive long-term roadmap play out as expected by Elon, or will the haters continue to build momentum and rip the company apart through sheer hivemind negativity?
My view: The product itself is too good to fail. Not only are the satisfaction ratings sky-high, but the overwhelming majority of Tesla owners say their NEXT vehicle purchase will be another Tesla. This HAS to be taken advantage of by financial aggression, and the shorts mistake this as a lack of discipline.
Everything else (spliff puffs, lawsuits, departures of non-important and weak-minded officers) is pure distraction.
I've never seen a stock with more divergence and polarity. Does the positive long-term roadmap play out as expected by Elon, or will the haters continue to build momentum and rip the company apart through sheer hivemind negativity?
My view: The product itself is too good to fail. Not only are the satisfaction ratings sky-high, but the overwhelming majority of Tesla owners say their NEXT vehicle purchase will be another Tesla. This HAS to be taken advantage of by financial aggression, and the shorts mistake this as a lack of discipline.
Everything else (spliff puffs, lawsuits, departures of non-important and weak-minded officers) is pure distraction.