Let's see, hedge funds in NYC get 10% of the increase in value of their fund, typically in billions of dollars. NYT has nothing to say about that. Instead, they wish to target Musk who took Tesla from a startup to the 600 billion behemoth that it is today, all the while doing more for sustainable energy than anybody else. As a shoreholder from 2018, I am incensed by the activist Delaware judge who reversed my vote 6 years ago!
Why would they have anything to say about 10% increases in fund values? That's literally what hedge funds exist to do and that's what they're advertising they will do.
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[ 2.6 ms ] story [ 27.3 ms ] threadyou do not reward somebody like Musk for past performance or for perception heroics. You reward them for future performance.
Guess what: EV car supply is a logistic supply curve, and it's flattened, and the response from Tesla has been predictable and sensible: drop price.
So what is the future earnings potential of this share holding now?