got musked!

Foolishly believing in random information given out by Elon Musk.

As we all know, Elon Musk told a lot of things in the past and today we understand that most was simply for marketing purposes and to raise stock prices.

He often manages to illude people by only giving out the most juicy parts.

Eg.
Elon Musk: "Model 3 motor & gearbox still in good condition after driving 1M miles. Designed for ultra high endurance."

Our imagination translates this into a car which will last for 1 million miles. However the fact is that any similar part can last forever in a very well oiled environment because the friction is near to none. We should be careful to not get musked in future.

Elon Musk: Am considering taking Tesla private at $420. Funding secured.
Short Seller: I got musked!

24👍 19👎