I'm generally a TSLA bear, I think they're a money pit and will run out of money, especially after that disasterous decision to buy SolarCity. I'm currently short TSLA via puts because I think the SCTY purchase is going to cripple both companies.
But there's something to be said about trying shoot for the moon, and trying to build "the best car ever." I, in fact, do admire that all-in, ballsy move, from a techie's perspective. And if it were limited in quantities, I'm sure he could accomplish it, because there are some very amazing features in all of Tesla's cars, however, I don't believe it's possible to mass produce reliably in the timeframe they need, given their track record.
I just don't think from the point of view of a business, it's the right thing to do.
But there's something to be said about trying shoot for the moon, and trying to build "the best car ever." I, in fact, do admire that all-in, ballsy move, from a techie's perspective. And if it were limited in quantities, I'm sure he could accomplish it, because there are some very amazing features in all of Tesla's cars, however, I don't believe it's possible to mass produce reliably in the timeframe they need, given their track record.
I just don't think from the point of view of a business, it's the right thing to do.