Quote:
Originally Posted by Slava
To be honest if I’m Tesla I’m spending my shares to buy a car company (if it’s possible), and I’m not convinced that’s a dumb idea. The shares are wildly overvalued, and if you can spend those as a currency to buy a legitimate business, that’s brilliant. Someone is going to do something questionable here though, and it’s fascinating to sit and watch it play out.
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I hope am thinking of taking a position in Ford as I think Ford might merge at some point.
Tesla at least has a lot of technology, I'm not convinced Lucid and Rivian are anything but car manufacturers.
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