Former big bull on Tesla says the stock is ‘no longer investable’ due to Elon Musk’s behavior
America’s most likable big time crony capitalist is looking a lot less likable these days.
As a general rule, if one is a CEO it is not wise to smoke a dube on camera. That should generally be avoided.
(From CNBC)
“Mr. Musk’s behavior is well documented (taunting short sellers, NY Times interview, cave diver accusation, earnings call outburst, Joe Rogan podcast) and likely contributed to the onslaught of executive departures in recent months,” he said. “Notwithstanding improving fundamentals, we believe that Tesla is in need of better leadership (an about face) and are moving to the sidelines until we see what happens with management.”
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2018/09/former-big-bull-on-tesla-says-the-stock-is-no-longer-investable-due-to-elon-musks-behavior/
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