>I have trouble squaring this ostensibly fantastic news with the constant dire predictions about the stock.
The problem isn't the "stock". It's the financials of the company that are an issue.
>simply overpriced
If you think they'll have half a million self-driving, appreciating robo-taxis on the road next year, it's probably cheap. I happen to think that ain't gonna happen.
>is Tesla the company in danger of going bankrupt?
16 years of losses so far. But they've been able to continue to find financing for now. That (We)works until it doesn't.
The problem isn't the "stock". It's the financials of the company that are an issue.
>simply overpriced
If you think they'll have half a million self-driving, appreciating robo-taxis on the road next year, it's probably cheap. I happen to think that ain't gonna happen.
>is Tesla the company in danger of going bankrupt?
16 years of losses so far. But they've been able to continue to find financing for now. That (We)works until it doesn't.