Tesla is an empire built on sand mate. A higher market cap than Ford and can’t even produce 500k cars a year. 
Ford produce about 6 million by comparison. They sell 2.5 million cars a year in the US alone.
Tesla will be years even getting to the 2.5 million and even when they do how will they justify a valuation higher than fords?
They’ll be out of money long before then anyway
Can’t see this rally being sustained, probably a short squeeze.
Elon needs to have his Twitter toy taken off him.
Tesla up over 5% today. Elon Tusk (he’s changed his Twitter name for the banter) has the SEC hopping like sausages in a pan.
The Tesla corporation is a disgrace to Nikolas surname.
Tusk is a gobshite.
Ten years ago today the S&P500 hit 666 during the day, which turned out to be the bottom.
German manufacturing PMI comes in at 44.7. That’s the sound of the bell ringing, the EU is now effectively in a recession.
Great for the mortgage rate 
3 Likes
Equity markets in serious bother here, about to give up all the gains since Dec 26. Bonds as always know the score, yield curve has inverted for first time since 2007.
Papers are reporting that Patrick Quirke doubled 80k of Mary Lowry’s money by investing in CFDs over the course of 18 months.
Patrick Quirke should be running the country.
4 Likes
There’d be less people on the dole anyway.
See how a busy man with a massive farming empire was able to manage other investments successfully without letting his day job suffer.
cc @Fagan_ODowd.
Will he be able to write off the substantial working time losses accrued in this quarter though?
His cattle got ill and he took 20k in compo from Mary Lowry as well.
She had provision made in her will to give Patrick Quirke 100k. He also “borrowed” 20k off her to repay a bank loan. Then further to that he took 20k compensation off her after claiming her cattle made his cattle sick.
How so?
I’m not sure where else to post this:
Needle closing in on the bubble?
I think it’s only starting again mate