Elon Musk is an Overrated Fraud & Tesla Will Go Bankrupt.
-Tesla will break below the key support of $280 on huge volume. -Triple top will be confirmed when it moves under $250. -Elon Musk has pledged his shares as collateral to take loan to fund his lavish lifestyle. Margin calls of those shares will get triggered once Tesla falls further. -Executives leaving the company is droves, leaving millions of dollars worth of options of table. -The company is insolvent and doesn't have money to survive 2018. -Elon Musk has committed AT LEAST 1 fraud. Quite possibly involved in more frauds. -Elon Musk has a history of lying an deceiving investors. -Tesla's Model 3 production has been troublesome and the company is producing terrible cars. -Tesla doesn't have a state of the art factory to build the Model 3. -Tesla faces billions in liabilities because of Elon Musk's "funding secured" tweet which was securities fraud. -The company is not paying it's suppliers. -The company also doesn't have money to provide spare parts. People have to wait MONTHS for spare parts. -Tesla will go to $0.
Not an investment advice. Do your own due diligence.
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