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<blockquote data-quote="Ragey Erasmus" data-source="post: 1221958" data-attributes="member: 56232"><p>It is grossly overvalued and has risen the wave of being in a niche market. Now the market is beginning to saturate with other EVs, it will need to compete more.</p><p></p><p>Regardless of opinions on Musk and Trump, the vandalism of Teslas is unacceptable. Boycott the company if you disagree with it but don't destroy their property or some owner who is completely innocent.</p><p></p><p>The issue for Musk is he is heavily leveraged using the value of Tesla to enable his other activities like buying Twitter. If Teslas value falls too far and Twitter continues to just be a money sink, he could be in difficulties soon.</p></blockquote><p></p>
[QUOTE="Ragey Erasmus, post: 1221958, member: 56232"] It is grossly overvalued and has risen the wave of being in a niche market. Now the market is beginning to saturate with other EVs, it will need to compete more. Regardless of opinions on Musk and Trump, the vandalism of Teslas is unacceptable. Boycott the company if you disagree with it but don't destroy their property or some owner who is completely innocent. The issue for Musk is he is heavily leveraged using the value of Tesla to enable his other activities like buying Twitter. If Teslas value falls too far and Twitter continues to just be a money sink, he could be in difficulties soon. [/QUOTE]
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