Mastodawn

Brent Goldfarb Dec 28, 2022

This, written five years ago, seems to have weathered the test of time fairly well. $TSLA #tesla #musk

Of course, with a $340B valuation, this is still way above where it was in 2017, but the logic of the case I put forward holds up well. Tesla the car company is way overvalued. So expect continued free fall unless Musk can turn the magic story switch back on.
@strategy

https://www.vox.com/the-big-idea/2017/6/26/15872468/tesla-gm-ford-valuation-justifying-disruption

Why Tesla is overhyped — and overvalued

Tesla and the deep problems with “disruption” theory.

Vox

Brian Gordon Dec 28, 2022

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Adrian Saville

.@brentdg2 @strategy - Musk's hype, bluster, and hubris have defied gravity and common sense for an amazingly long time, and take on proportions of the South Sea bubble. Free cashflow ROIC is like gravity. It pulls hard. As a rocketeer, Musk knows all about this fierce force - even if he pretends for a while that it doesn't exist. After the fall, the case study. #Lookingforheadshakingemoji.