Since October 2019, Tesla, under Musk's leadership, has been in high spirits, with its stock price rising all the way, and its market value once exceeded $150 billion, making it the most valuable automaker in the United States. At the same time, those who shorted Tesla suffered heavy losses, with losses reaching billions of dollars.
Randeep Hothi, a graduate student at the university, is also a member of a non-governmental group that specializes in breaking Tesla's "black news" and a staunch Tesla short seller. In the past few years, he has devoted most of his free time to the idea that Musk is not the successful technologist that people generally believe him to be. In Hothi's view, Musk is an epic liar.
Everything in this world has two sides, or even multiple sides. For most things, it is difficult to simply distinguish between good and bad, superior and inferior. Similarly, there are different opinions on a company, some short sellers and some long sellers. This is like the two sides of a coin, which exists objectively and cannot be criticized.
However, I want to say that the best standard to distinguish a liar from a hero is to see whether he is just talking big or doing practical work, and whether he takes the investor's money and transfers it to himself or invests it in the research and development of new products and market development. I have explained in previous articles that Musk is fighting for his dream, not only verbally, but also in action. There is no denying that I am a firm supporter of Musk and a long-term investor in every business he has developed. I believe that Musk is one of the most dazzling stars in the industry in the next 40 years, and almost every business he leads will achieve great success.
The author predicts that after the US economy turns from prosperity to decline at the end of 2020, Tesla's stock will be extremely valuable for investment after a certain correction and is worth holding for a long time. By then, the stocks of companies headed by Musk are worth investors' strategic positions. It should be stated that the author does not hold any Tesla stock, or even any US stock. The purpose of writing this article is to express my respect and support for entrepreneurs who are truly pioneering and innovative.
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