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Comment by aerovistae | Hacker News Reader

It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so badly.

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I can sorta understand how he got there. Historically, making a car company is very, very hard. It's a tough industry to crack into. So when you see a startup car company with a hugely inflated stock that has a (based on historical data) very low chance of success, it makes a lot of sense to bet against it. But as it succeeds, you have to keep doubling down on the idea that it can't possibly deliver on it's promises and will fall on it's face eventually. At some point he slipped from making a reasonable bet to frothing at the mouth a bit.

The market can stay irrational longer than you can stay solvent. -Keynes

Ad someone who has been accused of that, you're flat out wrong.

There is a difference between Tesla, the car company (good) , and TSLA, the stock, which I belive is overpriced and has grey area accounting (bad). Sometimes they get confused.

It's possibly related to the fact his fund is bearish on the stock market, which as been a losing proposition for the past 8 years. Maybe he is short Tesla. Tesla as well as the bull market keeps defying the odds. Optimism pays.

Its politicization during Obama's first term (Solyndra et al) threw it into the conservative news grinder, and for many people it's still spinning in that context. This is probably where the whole "Tesla is only alive because of government life support. And look at SpaceX just SIPHON cash straight outta NASA's coffers!" stuff comes from.

Is it just Tesla? he seems to have a personal vendetta against Musk looking at some of his comments.

"I wonder why some people want to see Tesla fail so badly."

I think often people react really strongly to others liking something or wanting it to succeed. The more people like something, the more others react.

Might have shorted Tesla

i think so ..I think it's hubris ..I stopped listening to most 'experts' long ago..

> I wonder why some people want to see Tesla fail so badly.

A regressive mindset.

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