[Hehe]

But isn't it true?

I'd go as far as saying, replace Tesla with any company currently trading, I'd still think the statement holds.

There's neither a clear treatment for the coronavirus nor a viable (as in proven to work on animals) vaccine in route. This virus is going to stay with us for a while.

Now, we have 2 options:

1. Keep the economy closed, watch all the jobs evaporate in 3 month and all gov't prepare some sort of Universal Basic Income to ensure some sort of civilization.

2. Open the economy (now that most people are aware that this virus is SERIOUS) and deal with the virus as we go with shitty performance (hence stock prices) on pretty much the entire economy. But at least you have an economy.

IMHO, option 2 is the way to go. Yes, there'd be a second wave. However, I think with a lot of precaution in place, the spread can be controlled to a manageable level. By keeping the whole world locked up, there's a severe psychological and economical effect on the entire economy.

I've said it before, wait until the result of Q2 and then make your decision by then. Anything prior to that is just pure speculation. There's NOTHING that supports a quick turnaround of world economy. As a matter of fact, I think a depression is more likely than just a recession. Yes, there's money to be made in this lunacy of bulltrap runs, but also come at a huge risk. And for what? If the next bull-run is the same as we last had, the difference would be making a 250% return when you wait vs. 300% if you don't (and turn out to be right). So, unless you are purposely strategizing your purchase (buying your way down), or you have allocated capital for high-risk trades. I wouldn't do more than 10% in this climate. Again, there'd be good chance to make money if one just wait, granted it wouldn't be as good of a return, but then, only take as much risk that you can tolerate.

Now back to Tesla. I agree with the statement, even as a TSLA shareholder. The current flagship Fremont factory is shut down. With only GF3 in operation in China, TSLA can probably do 30% of total output if lucky. And as a HUGE shareholder like Musk, he'd be pissed of not able to re-open the economy already. Yes, health is the utmost priority. However, if the vast majority of people (pretty much anyone outside of the top 5% in our population) have to suffer and pretty much beg for food, I don't see it to be any BETTER than re-opening RESPONSIBLY.

Taiwan has shown clearly that if the majority of the population is willing to cooperate with preventative measures, there's no need to keep the economy locked. Taiwan never did (except locking up the island, which we could do more or less the same, just on a much larger scale).

I, for one, admire that Elon Musk actually had the cojones to say what he meant and be TRUE to what he thinks. One might not like what he has to say, but at least he's genuine on what he says.