It’s a publicly traded company; no competent person would buy in at the absurdly overinflated stock price that exists now. Because a competent person would recognize that Tesla having a market cap over 50% higher than Toyota’s is completely fucked and there is no way in hell anyone could make Tesla actually worth what it’s trading at. A competent person would also recognize that Tesla’s ridiculous valuation is because of the shameless lies of hype merchant and snake oil salesman Elon Musk who, if you purchase the company from him, will no longer be around to trick sad losers into believing his laughable promises about self-driving, or robots, or AI, or whatever the hype cycle brings next.
So… he’d rather watch the company die slowly than sell it to someone competent. Awesome.
It’s a publicly traded company; no competent person would buy in at the absurdly overinflated stock price that exists now. Because a competent person would recognize that Tesla having a market cap over 50% higher than Toyota’s is completely fucked and there is no way in hell anyone could make Tesla actually worth what it’s trading at. A competent person would also recognize that Tesla’s ridiculous valuation is because of the shameless lies of hype merchant and snake oil salesman Elon Musk who, if you purchase the company from him, will no longer be around to trick sad losers into believing his laughable promises about self-driving, or robots, or AI, or whatever the hype cycle brings next.
Elon: hold my beer