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0 pointsmisja1117y ago0 comments

No, investors are not that stupid. They might buy these marketing talks for a while but eventually they will see through. The recent drop in Tesla's share price is a testament of that.

"You can fool some people all of the time, and you can fool all people some of the time, but you can't fool all people all of the time."

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bald7y ago

Price is a function of supply and demand. So this tactic is better than the blunt tactic even if it manages to fool only one shareholder.

chillingeffect7y ago

Yes, it's about the ratio of shareholders you can fool all the time to the ratio of the shareholders you can't fool all the time.

thisisit7y ago

I agree investors are not stupid. But, I never said it was about investors being stupid. It is simply not saying stuff which casts doubt about Tesla's ability to deliver.

People are going to arrive at the conclusion irrespective. Take the GP for example, he/she correctly pointed out that Tesla is behind schedule. There is nothing wrong with that conclusion.

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