Daily Ticker: Are Investors Prepared For Any “Growing Pains” At Tesla? (video)
The Daily Ticker’s Aaron Task and Rick Newman, columnist at Yahoo Finance, debate if Tesla’s current investors have any tolerance for “growing pains” at the company – something the company has not had a lot of recently as its stock has surged 625% this past year.
Topics of concern were ‘what if’ the battery fires turned out to be a real thing, ‘what if’ an ongoing NHTSA investigation into one of the fires prompts a recall of “every car that Tesla has on the road,” and issues that could arise at their new “Giga factory”.
Thankfully, the piece is not a hatchet job on Tesla’s evaluation, but rather more of a frank discussion with a lot of praise and hope for the future of the California auto maker.
The Daily Ticker’s host sums it all up fairly well in closing the piece:
“…if anybody could do it, it would seem in this world, it would be Elon Musk. Some would say, ‘if you had a chance to bet on Tony Stark, wouldn’t you do it?’, and that is what shareholders are doing right now – betting on Elon Musk”