Tag: General Motors
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Tesla (TSLA): Musk’s automotive Three-Card Monte
Over the past year, Tesla (TSLA.NASDAQ) pillaged the public markets, splitting its stock with glee much to the chagrin of short selling groups like TSLAQ. But in the wake of Elon’s champagne wishes and caviar dreams, share price faded, exposing a nagging question, “What powered Tesla’s rise in the first place?” Fundamentals Tesla had a…
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The emperor’s new clothes or welcome to debt-fueled consumer-driven economics
Remember Han Christian Andersen’s The Emperor’s New Clothes? It starts off about seeing something and saying nothing, but then ends with deliberate denial. It seemed as though Anderson’s satire came to life when analysts proclaimed retailers would enjoy a busy Christmas because the latest consumer sentiment index (CSI) was up. The CSI is based on…