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RE: Guess I Was Right About Tesla

in #technology7 years ago (edited)

The point here is not Tesla's business strategy but if you read through my posts the mentality he is being promoting. When I say "I guess I was right about Tesla" my point was to demonstrate how a business being funded mainly from government subsidies cannot be sustainable. Add to that the proxy funded Solar City and Space X and you understand where this circus is headed.

I will keep posting the updates.

Screen Shot 2017-10-28 at 9.33.01 AM.png

https://www.cnbc.com/2017/10/27/tesla-nears-bear-market-territory-and-it-could-get-a-lot-worse.html?__source=Facebook

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Exactly! Government should not be picking winners and losers by subsidies 👍 I know I’m late to seeing this post but wanted to give my thoughts anyway! I agree

I've got no objection to your posting updates. I have since realised that comments are being repeated, I return to where I made a recent comment and find two or three repeats. I also have not been able to post anything, but I can comment, so though I don't know what is happening, I see I was wrong in commenting about repeats.

I am not deeply into Tesla and so on, though I live fairly close to where he grew up. However, I mentioned to a businessman who does invest in the stock exchange and he told me that Toyota have already a 30% share in his cars.

Personally I believe it must be about time for him to sell off the majority of his shares; he is an innovator and should be concentrating on developing new ideas, not in running businesses. It is not easy to be an Accountant and a creative developer and once he is becoming more of an accountant, then it is time to move on.

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