Someday's you do not want to get out of bed. Maybe that is the way Elon Musk and shareholders of TSLA are feeling these days. The share price of TSLA has prospered on the back of technology and optimism. The company had/has huge capital expenditures ahead of it, but investors were/are willing to provide it hire the promise of high returns and being part of something that will change the auto industry forever. But people thought of TSLA as more than a car company. It had the halo of a technology company as their R&D was making strides in self-driving car technology. Furthermore, they were doing great thinks in rechargeable batteries and solar energy.
We always wondered if and when investors would come out from under the ether and take a more sober look at the situation, as we had. We like the company's products, but we did not like the way the market was valuing the company. We wondered if TSLA would get the valuation it enjoys if it were located in Detroit instead of Silicon Valley. We will never know, but it is a thought nonetheless.
