Time to short TSLA?

Based on Tesla's production plans, the $7,500 federal tax credit for electric car buyers is likely to start phasing out in mid-2018, before disappearing entirely in mid-2019. Thus, by the time Tesla gets around to producing $35,000 Model 3s in high volume, the full $7,500 credit is unlikely to be available.
fool.com/investing/2017/08/06/surprise-the-real-tesla-model-3-doesnt-cost-35000.aspx

Elon musk is the greatest snake oil salesman of our lifetime, keep buying his shit!

>advertises electric cars
>delivers electric cars
Where is the snake oil? Is that what replaces motor oil in a tesla?

Tax credit is a bigger issue for the lower-cost EVs like your priuses and shit. Teslas are a premium vehicle, even the 3 (at least the 3 that people want, which is with autopilot) is 40k to start.

Oil prices and big advances in competitor's gas-fueled car MPGs over the last few years have already supressed TSLA's stock price for years, and are way bigger deals than a tax credit.

>is likely to start phasing out in mid-2018
>is likely

You actually think a company as big as Tesla isn't going to lobby congress into extending it?

their battery tech will be completely irrelevant in 5 years

top execs are bailing left and right, they know

tesla will be bankrupt within 5 years

Source?

Reminds me of the crpool lane stickers in california for hybrids. They only had x amount. Eventually people buying priuses didnt get the sticker anymore. Guess what, people stil buy priuses.

lol teslas sales crashed in hong kong after they abolished some tax scheme for electronic cars
this company literally cant survive without gubmint handouts
biggest scam of our times

yessssss within 5 years superconductor battery tech will be r&d-ed, commercialized, competitors will have implemented it in a design, made factories, made the cars, and enough people will have bought those cars to completely the market share Tesla currently has in electric cars.
I wonder where your money is, if you're trying to make Tesla look bad. I honestly have no idea what car company has potential of being a competitor, as it is pretty clear now that it must be one with a comparable electric car, of which there is no currently.