Thursday, November 21, 2013

When Atlas Shrugged - Tesla

The trucks are backed up and ready for loading. The question becomes the price to pay for the shares. We already have our entry point picked out. The stock is still in the hands of the shorts. I have both driven and sold many electric cars. I can tell you that consumers love them and Tesla is years and years ahead of the auto industry. The auto industry pays billions to media in advertising dollars and to political groups. This creates the scenario Ayn Rand wrote about one of my favorite books. The question is - how much short-term damage can they do? Let's just say that we have not purchased a share yet;)

Who is John Galt?