It is up by almost 5%, or $14.06 per share. That's all of the loss plus 40% more made up in a day. This is the life of a Tesla share -- up and down as often as the opinions in the news change. I have no idea how this happened, but the news articles out there are certainly still trying to demonize Elon Musk and push the demise of Tesla.
I mean, take a look at this nonsense (again, no surprise it's from CNBC):
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I read stories like this with a bit of a smirk because, well, they are saying these things in public, and we can eventually capture the information and laugh in hindsight at how big of a failure it was to focus on Tesla failing rather than focusing on catching up with their technology.
Tesla has already won really. It's just a matter of time before it is globally acknowledged. I don't ever expect an apology or a confession of error from the likes of Jim Chanos or Bob Lutz. But it will certainly be an general unstated truth in a matter of time.
MY POSITIONS FOR TODAY
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| As of September 19, 2018 closing. |
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