EVDRIVER wrote:EatsShootsandLeafs wrote:
With their cash burn rate leaving them only several months of expenditures before running out of cash, if they cannot get profitable and maintain (and they can't), they will have to raise again, causing yet more stock dilution.
Please show me where you got that info. Please quote the fact not a misquoted FUD statement. The Tesla regurgitated nonsense is laughable.
Before I answer your post can you please clarify if you're being serious or not. Also what exactly you want me to "show", whether it's their cash burn rate or what stock dilution is.
I will remind the class that back in April or so I said essentially the same thing, one guy in this thread called me a troll, TSLA just a few weeks after that had to raise $2.X B, and their stock has been flushed down the toilet since.
I'll admit I'm also triggered any time somebody in a tesla thread uses the word FUD because I've found it to be strongly correlated with a knee-jerk overly defensive reaction from a person who is probably long in the stock, has no idea why it's going down, and is angry about something they don't understand. And this leads to this kind of a statement:
EVDRIVER wrote:What you read was a quote that was altered by FUD sites that twisted his words. He never said that. Tesla's biggest issue is disinformation and short sellers, the vast majority of what you read is twisted to fit a narrative and not fact. People here still insist on spreading lies about the technical features of the cars and people take it as fact. Reminds me of some "news" organizations.
It's actually sad reading comments like this with TSLA currently almost 50% off its highs. Short sellers and FUDsters are not destroying this company. Market reality and increasingly poor leadership from its CEO is.