Member-only story
The Lies Keeping Tesla’s Stock Afloat
Wall Street’s open secret about Musk’s reality distortion field
So here we are again. Another week, another autopsy on Tesla’s ongoing public dissection. Elon Musk, the guy once hailed (by himself, really) as the Einstein of our era, has managed to make the world’s most promising car company nearly radioactive. And if you think I’m overstating it, look at the numbers, look at the headlines, look at the parking lots full of unsold Model Ys.
I’ve written five articles about Tesla in the past month. Each one is a catalogue of carnage. If you missed them, you might want to bring a stiff drink. We’ve watched Tesla’s death cross moment, sounded the red alert after Q1’s disastrous results, tracked the trouncing by BYD in China, and, yes, I called it: Tesla, the world’s most unreliable car.
What’s changed since then? The damage has deepened. This isn’t a car company anymore, in as much as it is the world’s most expensive personality cult meltdown.
Musk Hasn’t Just Damaged Tesla-He’s Poisoned the Well
The old wisdom says “Don’t mix business and politics.” Musk must have missed that one. Maybe he was too busy launching flamethrowers at his estranged child or wives, or tweeting memes at three in the morning. No…