$Tesla Motors(TSLA)$ SELL!!! Many folks still think that Tesla should be treated as a technological rather than car 🚘 company. I won’t burst your bubble here. Let’s say I agree that Tesla is more than a conventional car company, fundamentally a company still needs to make money to survive and strive. The only reason that Tesla is even in existence right now is because of its EVs! The reason that it’s EVs are profitable is because of US Government subsidies! There are many types of leaders. Elon Musk happens to be one who is intelligent enough to smell the government’s hands out. I like leaders who stand on their own feet to make money. Think Apple Steve Jobs, Nvidia Jensen Huang, Microsoft Bill Gates are a few examples for tech leaders.
Elon Musk has let his political ideology gets ahead of himself. Tesla is a symbol of his success (failure). Their fates are intertwined. If Tesla can no longer sell cars people want, do you think Tesla the company will still exist?
My 2 cents.
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