Quoth the Raven #29 - Elon Musk’s Joyride at Tesla is Over

May 9, 2018

In this podcast I talk about what looks to be a coming proxy war at Tesla and new reports of a Model S crash that broke today. I talk about how the current environment surrounding Tesla makes it feel like right now is a time for Elon to put up or shut up when it comes to cash flow and profitability. If a new board is put into place, Musk will either be ousted or the situation at the company will get ugly in my opinion. Either way, it is time for Elon Musk to face some real accountability and, barring a situation where he can miraculously turn the company profitable this year, I think volatility and downside for Tesla stock remains.

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