l33tsauce’s famous quote:
“The Model 3 will be a break even venture at best… I expect Tesla to file bankruptcy in the coming years.”
I33tsaunce predicts as early as next month for “the bubble” to pop!
My $500 bet still stands. Put your money where your mouth is if you believe your so called bubble is going to pop soon. Recession is not going to happen any time this year as long as interest rate stays low for businesses to borrow at this dirt cheap level. Companies are able create jobs with a cheap borrowed money. Even growing companies like Tesla can afford to be in a heavy debt because of cost of borrowing money is cheap and investors are willing to lend money because Tesla has secured more than 500K+ reservation for Model 3. Once Tesla gets a favorable term to build in China, then you will really see a true bubble!