>> You are relying purely on hearsay.
Actually, I'm relying on financial statements more than anything. Well, and Musk's temerity.
Of course, financial statements are, by their nature, after-the-fact reporting. So, there is that.
While the shares may take hits from time to time, the country remains financially strong, but management has taken very large risks.
Musk has had a string of winners dating back 10-15 years, whatever. I see nothing that has fundamentally changed -- other than the growth of the market with largely inferior products.
I'm thinking it will be okay.
That could change, but if they lost a couple billion to lawsuits, they're in a recoverable position because they're doing everything else right. |