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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (7037)4/24/2019 8:13:41 PM
From: Winfastorlose  Read Replies (1) | Respond to of 27483
 
It is fairly obvious to me that Elon is a puppet for a power group. If they had not gone overboard billing him as some sort of out of this world genius, maybe I would cut him a little slack, but I see nothing that leads me to believe he is anything but a common stock pumper. I have known a few exceptional geniuses in my life and Elon doesn't come across as one to me. He just comes across as a misfit..

I know there is an effort to develop electric so that the world can have enough energy to grow. That's fine. Most people are not going to want to drive an electric unless they are forced down their throats and it looks like that is exactly what many of the western govts are going to do. That way, oil can be used for transport (air and oceanic) as well as vehicular in areas that do not have the infrastructure to recharge efficiently. Otherwise, there would not be enough oil to go around in a few years. TSLA is the primary US entry into this space, but China has over 400 EV makers. It is a crowded field and getting more crowded by the day.

But Elon needs to stop it with all of the lying. He is doing more damage than good. Bezos operated AMZN for many years while losing tons of money. Elon could have done the same thing if he was more honest. Now he has set so many up for total disaster if they can not keep the stock up.