It’s harder than ever for Tesla investors to justify the stock’s sky-high share price, Morgan Stanley analysts wrote to clients this week, and suggested that’s likely to get worse before it improves.
  • Shawdow194@fedia.io
    1·
    1 day ago

    "the majority of the company’s current $1.1 trillion market cap is based on businesses that have either poor disclosure, no disclosure, or that have yet to be launched into the commercial market at all,” Morgan Stanley said.

    So a scam? Ponzi scheme? Pump and dump? Charlatan/mountebacks?