Absolutely not. From an investment perspective, it's a far riskier bet than I'm comfortable making. From a societal perspective, I am not interested in having any of my money go to Musk or his companies if I can avoid it.
Just from keeping up with the news over the last week, the general consensus seems to be "no". It’s certainly a no for me. A more interesting question is, "will you be divesting from funds that fast-track this stock?"
I want to own it because I'm pro-Musk and already own much TSLA, but... with so much conflicting commentary from pundits ("It's a scam!" / "It's going to multiple $10T in a decade" / "Wait for the lockup expiry"), I'll take popcorn and watch from the sidelines and maybe DCA for a few years.
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[ 4.8 ms ] story [ 28.5 ms ] threadMaybe.
What do you think they will do after the IPO or even when the lock up period is over?
Just like with crypto, there is a good supply of "greater fools" willing to buy anything Musk is selling. TSLA with a P/E of 380 is the proof.