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BLUEFLOWER RESEARCH's avatar

Um, no mention of litigation liabilities? I seem to recall that murder by Tesla can get quite expensive. Due diligence, anyone?

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Scott Murphy's avatar

Somewhere in the multiverse, there must be a Tesla tavern with a sign over the bar that reads," free beer tomorrow ". Perhaps the day is coming when Musk will punch through the Madoff horizon and find himself suspended over nothing, nothing, nothing at all.

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pat bahn's avatar

Of course at the rate of decline in car sales tesla may not even get to 20 million total sales. Right now the C,S,CyberYugo are functionally dead in the market. The 3/Y are aging badly and the 3 is losing share badly in china and Europe. The boycotts are still continuing and trump killing us ev credit s is going to harm sales starting in 4Q.

With crash litigation and fad class action lawsuits coming even more brand damage is expected.

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DrBDH's avatar

So is all this just an attempt to prop up Tesla until the board members and big investors can gradually sell off their shares before looming bankruptcy destroys their value? That seems to be what you’re suggesting towards the end. It wouldn’t surprise me. BOD fiduciary responsibility seems to matter less than individual director’s wealth in several US companies.

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