Kinda love this line of thinking b/c in companies that may be engaging in fraud there are multiple questions to ask. 1. Is fraud happening? 2. If so, is it helping the company get closer to escape velocity? 3. If it is, could the fraud actually be bullish as a passive investor?https://twitter.com/jeremymikejo/status/1223869512526659584 …
But I mean you've proved the point? As a punter, if you bought early or late, you made a killing. And the "fraud" created a lot of value for SCTY shareholders.
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All depends when you bought. Many people bought near the top and lost it all.
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And how did it create value for SCTY shareholders??? It instead has strangled Tesla with huge debt just so they could be used to pay back the non-recourse debt back to SpaceX.
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