I am a huge fan of the Tesla story — brash entrepreneur starts electric car company.
The story is four fold:
1. Car — great car
2. Elon Musk — irrepressible entrepreneur
3. Disruption of, perhaps, the most well-organized and entrenched industry
4. The stock, TSLA
Today, we talk about the stock. You will recall some time ago Elon Musk got in trouble for whispering he had backing to take the company private at $420/share. Several million dollars later, a few US Securities and Exchange Commission scoldings, a bit of public humiliation, the story came to be — well maybe Elon Musk didn’t have the requisite backing.