Tesla Market Cap about to exceed GMs again- panic time for shorts

Discussion in 'Tesla' started by 101101, Jun 15, 2018.

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  1. 101101

    101101 Well-Known Member

    6/14/18 Tesla share price essentially matched GMs. Tomorrow it may well exceed it. This is likely the point where the shorts dug in for the box the stock value of Tesla in strategy. Because remember when the most valuable US domestic car maker is a pure electric maker petrol the trend is very serious trouble for petrol fuel energy and all the fools on wall street and in the financial sector and insurance and health that bought its derivatives insuring its junk debt and economically and politically stranded underwater assets and horribly inflated or phony book values.

    But if we're honest GM's fail convincingly econo box Bolt strategy wasn't convincing and its Cruise stuff is just a distraction for its strategy of bending over for Waymo- my guess is Cruise is and has been pure vapor ware they are just trying to peddle Google's stuff but not have their stock value sink way below Tesla's. It doesn't help that GM is as Forbes recently said structurally bankrupt. If the market was valuing intent and potential and contribution Tesla share price would already be 40x what GM's is. Tesla is worth in reality for the difference it makes and the example it sets 10x the current phoney book value of the entire petrol fuel energy sector, that sector's actual value is negative.
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