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The Tesla Bear Case and the Argument that Enthusiasm for the Automaker is Detached from Reality
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There’s no company out there that gets people as fired up as Tesla does. There are the true believers who say that Tesla and Elon Musk are just getting started and that the company is the future of transportation, energy, and more. Then there are the skeptics, who point out cracks in Tesla’s business and financials and say that it’s just a matter of time before reality catches up with the company and the stock. We talked with two of those skeptics: Charley Grant, who writes the “Heard on the Street” column for the Wall Street Journal, and Mark Spiegel, General Partner at Stanphyl Capital Partners, a long-short hedge fund that has bet against Tesla.
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