Elon Musk And Growth Options

Repeatedly I have marvelled at Mr. Musk’s ability to convince the market that Tesla has growth options with his words.  Well he did it again.  Tesla has been struggling with bad news in recent weeks.  Production was below expectations, the government announced an investigation involving an auto driving death, and there was widespread criticism of Tesla’s offer for Solar City.  But at the opening today the stock was up over $1 billion in market capitalization to a relative high for the past month.  Why?  Because Mr. Musk announced he is going to reveal a new secret master plan.  Wow.

 

Elon Musk And Growth Options
Source: Pixabay

 

Warren Buffett: If You Own A Good Business, Keep It

Berkshire Hathaway Warren BuffettBuying private businesses is easier than acquiring public firms, and investors should avoid selling good investments at all costs, according to the Oracle of Omaha, Warren Buffett. Q2 2020 hedge fund letters, conferences and more In an interview with CNBC in March 2013, Buffett was asked if he was looking at any businesses, in particular, Read More