I am baffled by the negativity towards Tesla here. I wonder how many people here actually own a Tesla car? It's an amazing car.
Exactly. SVB is well capitalized just by looking at their balance sheet. It doesn't have risky assets-all treasuries. Only problem is liquidity. It wouldn't fail if these VCs don't spread fears in the first place. Now…
Hate to say this but bank run is hard to stop once it's started. SVB needs a buyer or government bailout.
I am baffled by the negativity towards Tesla here. I wonder how many people here actually own a Tesla car? It's an amazing car.
Exactly. SVB is well capitalized just by looking at their balance sheet. It doesn't have risky assets-all treasuries. Only problem is liquidity. It wouldn't fail if these VCs don't spread fears in the first place. Now…
Hate to say this but bank run is hard to stop once it's started. SVB needs a buyer or government bailout.