Monday March 2, 2020
At least one analyst is still short Tesla.
He notes, as I have noted, that Tesla is now facing competition from major car makers who have internal combustion vehicles to finance their electric car research.
Here is an interesting quote from the article.
“This cash-burning Musk vanity project is worth vastly less than its over $130 billion enterprise value and — thanks to nearly $30 billion in debt, purchase and lease obligations — may eventually be worth zero,” he said.
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