In the same week that Goldman Sachs predicted Tesla stock to drop by nearly 50%, Elon Musk has promised to Power Puerto Rico. It’s very clear even to neophyte investors that Tesla’s stock is in bubble territory somewhere outside the stratosphere. Goldman cites massive cash burn, “production issues” with hundred kilowatt-hour battery packs — another […]

Elon Musk, the billionaire entrepreneur behind electric cars and solar power solutions, space travel, and now strong ambitions of digging transportation tunnels under cities, is used to absorbing inordinate amounts of praise. What do all of Musk’s visionary companies have in common, though? None of them generate profits. His companies burn investor cash faster than […]