The reason TSLA was ever worth anything was because everything the golden boy touched turned to gold.
The Twitter acquisition (starting from his initial offer) brought expectations down to reality for everyone.
Please note that his behaviour as a multiplier (and the changing nature of that multiplier) of investor value has zero bearing on whether or not the cars he sells are any good. Just like the quality and quantity of those cars had zero bearing on TSLA's stock price.
The Twitter acquisition (starting from his initial offer) brought expectations down to reality for everyone.
Please note that his behaviour as a multiplier (and the changing nature of that multiplier) of investor value has zero bearing on whether or not the cars he sells are any good. Just like the quality and quantity of those cars had zero bearing on TSLA's stock price.