In spite of the strong likelihood that this lawsuit is nonsense I see this story headlining several websites including CNN. Since this is the investors forum I wonder how many of you investors believe the timing of this story and TSLA’s rocketing upward price are just coincidental?
BTW I realize that many of us may admire someone like Warren Buffett who has mostly spent his life figuring out ways to make money as opposed to the Elon Musk who has made lots of money but also created many things of value. So while I don’t have any problem with making money for making money’s sake only, I do have a huge problem with investors who make their money by creating fake news to manipulate stock prices. Anyone want to defend that practice or at least admit to having done it? To me it is no different than burglarizing my house.
BTW I realize that many of us may admire someone like Warren Buffett who has mostly spent his life figuring out ways to make money as opposed to the Elon Musk who has made lots of money but also created many things of value. So while I don’t have any problem with making money for making money’s sake only, I do have a huge problem with investors who make their money by creating fake news to manipulate stock prices. Anyone want to defend that practice or at least admit to having done it? To me it is no different than burglarizing my house.