Tesla Loses More Value Faster Than Any Car Brand in History

Forbes has the big money quote:

“We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,” wrote the JPMorgan analysts. […] Shares of Tesla are still down 38% year-to-date, the second-worst loss of any company listed on the S&P 500…

Quite a feat for Elon Musk, given that he is…

…a man who may well be the most prolific liar in the history of American business…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.