​In early 2019 Tesla had a close scrape with death, and yet you never saw a single word about it in all of the tech blogs that cover Tesla. We now know this to be true from an unlikely source. Musk himself. In the past week he’s dropped an interesting tidbit about him wanting to offer the company to Apple at a tenth of the current value. ​

​The funny thing about Tesla’s bubble valuation is that you can see that this company is very poorly managed. Musk tells himself that since Tesla’s stock price is high, that he must be doing something right. Well, Bernie Madoff made the same argument for decades until it all caught up with him. 

​In a surprising admission this week, Musk said that he was open to merger talks with the right auto company. After lambasting traditional automakers for years and stating that Tesla was revolutionizing the auto manufacturing world…now this? Ha! This is just too funny. 

​On Nov 22nd I wrote about how Tesla’s stock price has been carried for the past year on the prospect of future inclusion into the S&P 500. Here is an excerpt of what I said: