Well almost everything. With abundant sustainable energy and safe AI the world (and the solar system) is our oyster. We've heard it said by dreamers and techno-crazies that the future has amazing potential. We'll be zooming around in flying cars, cancer will be cured, we'll water the deserts. Is this true? I'm going to go …
Everyone’s pontificating re Tesla’s share price drop. It’s down around 30% from January 2021 highs. The typical explanation is that interest rates are expected to rise so investors are selling volatile stocks. Maybe, but I think there’s more to it. I think, in the case of Tesla, additionally, the company has become so mainstream that …
Continue reading The real reason Tesla’s market cap has dropped 30%
I’m frequently amused by the surprise shown in many quarters concerning Musk’s capabilities, project choices, eccentricities, origin and wealth. As an Elon Musk-type wannabe (with no billion dollar war chest), I’m actually surprised it’s taken this long to get Elon Musk. Really? Yes! Because, my argument is that, without taking anything away from Elon Musk, …
Famous ‘long short’ Michael Burry is predicting a 2000 dotcom or 2008 housing-like bubble with Tesla & Bitcoin. In the medium and long-term he’s wrong. Yes, these market caps are a little high right now. We may indeed see a short-term mini-burst in either of these stocks. But Tesla has a vast well-grounded future in …
Continue reading Long short Michael Burry is wrong this time. Here’s why.
We’ve been touting Tesla as the next best thing since sliced bread on this site for most of the year now, and privately for around 5 years, and, well, we got it right. The doubting always was irrational. Musk’s Tesla and SpaceX were clear leaders in EVs and sustainable energy and reusable aerospace. Even Tesla’s …
Continue reading Lack of faith in Tesla always was irrational
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