Jul. 24 at 11:22 PM
$TSLA will still be a great company. But, all of their moats, which were meant to generate super-profits, are gone. They're spending as much as they earn to stay relevant, and hopefully in a few years, the investment will pay off, but likely only regular returns. Loyal investors will stay put, but the smart money took their profits while they could. Kudos to them.