Tuesday August 21, 2018
J P Morgan dropped its estimate for Tesla stock to $195 which currently trades at $308.
For years everyone has told me that Elon Musk will succeed in an unproven electric car business because he is successful in outer space.
it seems to me those are two very different things.
I have always wondered if the proper comparison is actually with John DeLorean.
DeLorean created a car company backed by the British Government to produce a sports car made in Ireland. A few cars were produced but DMC ended up in bankruptcy.
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