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Tesla Isn’t a Stock, It’s Performance Art

7/26/2020

 
In the Short-Term, The Stock Market Behaves More Like the Art Market
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​Einstein’s theory of relativity was important in showing the harmony and predictability of objects in space. However, all that harmony and predictability in the macroscopic world breaks down when you start to observe the microscopic plane. Sub-atomic particles seem to live in a world of utter chaos bereft of any cohesive set of rules. How can total complete predictability exist in the same universe as complete and utter chaos? A question that has perplexed physicists until this day. 

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Breaking: Tesla Still Losing Over $100 Million Per Month

7/22/2020

 
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Tesla’s earnings release just came out and just as I expected, they still don’t know how to manufacture cars at a profit. Even I’m aghast at how bad their position is. I thought that they might have improved even a little bit by now. Their entire profit this quarter and last is entirely due to protective measures enacted by the federal government to help EV companies at the expense of other automakers. I suppose they’re working since without those cash payments, Tesla would be dead by now. 

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Tesla Stock: This Isn’t Going to End Well

7/13/2020

 
Owning Tesla Stock Is Like Owning “Negative Value”
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​Tesla fans are making the mistake of thinking that the stock price in some way is a sign that the company is finally turning the corner to becoming a sustainable entity. When in fact, nothing could be further from the truth. 

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