Watch how Tesla goes bankrupt because of one CEO's idiocy and greed and then blame unions for it. Tale as old as time.
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If I was a large institutional investor with a significant amount of cash tied up in Tesla stock I would be concerned about Musk selling off his shares en mass and tanking the share price. Musk has shown nothing but how petty he can be even if it hurts himself when he doesn't get what he wants
He axed the supercharger department.
You know, the one thing Tesla had over all other EVs, the robust chargers that were everywhere.
I’d have cut and run then.
For a minute I was like "Wait why does an electric car need a supercharger how would that even work".
Then I remembered that it's a whole different thing now.
Very hard with the size of some of the positions of the larger institutional investors, they let their greed override any common sense with the long term growth for Tesla under Musk. The whole Tesla stock is a house of cards just waiting to dramatically fall in value.
Powerwall
Is not selling.
So basically a funny legal way of saying extortion?
It's a mess of their own making, if you hold the tiger by it's tail, you better not let go