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RE: Elon Musk Gets Largest CEO Pay Package (Ever?) For Running Tesla Into Ground

in #news4 years ago

Tesla is not going anywhere anytime soon because people are investing in Elon more than the product he delivers. People have become infatuated with him and he can do no wrong in many investors eyes. I agree that Tesla does not have a lot of fundamental value but speculation can hold the stocks price up for a long time. There were many, many other companies out there similar to Tesla in that they didn't turn a profit for a very long time while still trading at an absurd PE. Tesla has missed production numbers time and time again yet the stock still does not dump. It will be interesting to follow in the coming years.

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"People have become infatuated with him and he can do no wrong in many investors eyes."

I have to agree, but this could turn on a dime.

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