Is “X” Toast? What is the Spillover to Tesla?

Henry Ford was a fascist. Steve Jobs was a dick.

Is Elon Musk a psychotic sociopath?

I heard from a Tesla owner yesterday who had actually financed his vehicle purchase with profits from Tesla stock, that had been on a tear a few years ago.
Now he’s watching this idiot pulling the rug out of potentially the world’s most valuable company, right on the eve of the rollout of their most important new product.

Reuters:

 Tesla’s (TSLA.O) long-delayed Cybertruck will be priced starting at $60,990, over 50% more than what CEO Elon Musk had touted in 2019 and a cost analysts have said will draw select, affluent buyers.

The truck, made of shiny stainless steel and shaped into flat planes, is partly inspired by a car-turned-submarine in the 1977 James Bond movie “The Spy Who Loved Me,” Musk has said.

Its new body material and unconventional, futuristic styling has added complexity and costs to production, and threatens to alienate traditional pickup truck buyers who focus on utility, experts say.

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