GSR 0.00% 1.1¢ greenstone resources limited

share price move, page-40

  1. 770 Posts.
    lightbulb Created with Sketch. 19
    Thank you.

    I owned Tesla shares but it became obvious after a while that Elon has
    a) No idea how to mass produce a car
    b) No idea how to manage a battery supply chain
    c) Continues to tell lies to Wall St who support his company with never-ending credit raises.

    Tesla will go bust at some point, it's inevitable (I haven't even discussed the bail-out of his cousin's solar business which is better at losing money that Tesla is).

    The renewables/battery revolution will occur regardless of what happens to Tesla. They make a big noise, but they are just a small boutique manufacturer in California who still haven't got the environmental approval necessary to expand their Fremont paint-shop so they can hit their 2018 Model 3 production targets...which were never going to be met because they could never get their hands of enough battery-grade Lithium Hydroxide...assuming enough of it actually existed on the planet in the first place.

    Still long Lithium and Cobalt. Not so much solar though...its badly valued by the market.
 
watchlist Created with Sketch. Add GSR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.