1/
I've long said: watch the bonds.
Because the bonds watch the cash.
The market says implied probability of default is over ~35%
(higher than Lehman Brothers before it went under).
Tesla has always had a bold vision + beautiful design...just a very terribly run business.
I've long said: watch the bonds.
Because the bonds watch the cash.
The market says implied probability of default is over ~35%
(higher than Lehman Brothers before it went under).
Tesla has always had a bold vision + beautiful design...just a very terribly run business.
2/ Many people would be better served w/a bit less 'singularity university' + a bit more 'accounting 101'
If bankruptcy occurs?
Shock will remind many that when people w/money meet people w/experience, the ones w/experience end up w/ the money + the ones w/money get experience
If bankruptcy occurs?
Shock will remind many that when people w/money meet people w/experience, the ones w/experience end up w/ the money + the ones w/money get experience
3/ However this shakes out, this is the greatest spectacle in capital markets.
the post mortem will NOT be about technology nor manufacturing nor batteries nor design—
—but something less prone to change;
at once more predictable & powerful & confounding...
HUMAN PSYCHOLOGY.
the post mortem will NOT be about technology nor manufacturing nor batteries nor design—
—but something less prone to change;
at once more predictable & powerful & confounding...
HUMAN PSYCHOLOGY.
4/ possibly higher?
