Tesla Is Bald

I must say, I didn’t understand the feelings of betrayal. But last week, when I completely by accident saw an image of Elon Musk from 15 years ago with  most of his hair gone, I was confused and a little peeved. Authenticity is important to me. And here’s a guy who prances around the world playing the part of handsome multi-billionaire, when in fact he has paid to cover up the truth. The truth of…male pattern baldness!

Look, I know this sounds superficial, particularly since your humble narrator, even in his advanced years, has an oh-so-full head of hair. But I have a lot more respect for zillionaires like Jeff Bezos who could really give two craps what people think of his appearance (or, even more extreme, Steve Ballmer!). But that’s neither here nor there…I’ve been bearish on Tesla for months now (which has caused me to be the subject of derision on the Interwebz, to which I am most accustomed), and this stock is really starting to fall to pieces, having lost about 30% already.

The cold fact of the matter is that tens of thousands of people (including me) have plunked down a meaningful deposit on the Model X, which was announced YEARS ago, and they still haven’t delivered. Tesla is a one-product company – ONE! – the Model S – and the ONLY thing they can seem to do these days is come out with incremental improvements to the S (self-driving! 600 horsepower! 854 horsepower!) that no one cares about. Give me my freakin’ Model X, Elon! Be honest! Be sincere! Be bald and execute on creating something that counts!

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This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...

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