Tesla – crappy cars, great investment?

I’m interested when reality and perception split. It appears to have divided in the auto industry.

Here’s some information about TESLA and the other car manufacturers in the world.  Investors demand for Tesla shares has made it the most valuable car manufacturer in the world.

Here’s Teslas stock performance

Tesla sells very few cars

and the industry is not faring well after COVID

Not only that

Tesla earned the worst score among the 32 major vehicle brands in J.D.Read more

The financial world has gone mad…

When Snap reported “earnings” (I call them losses, big losses) this week – media headlines were strangely over-the-moon with praise, from TechCrunch (“Snap shares skyrocket on first earnings beat with revived user growth”) to The Wall Street Journal (“Snap Climbs Back Above IPO Price After ‘Shocker’ Earnings”).

The theory was that Snap had reported “better-than-expected earnings.” Thanks to these headlines, over February 7 and 8, Snap shares rocketed up 48% though they have fallen off somewhat since then.… Read more