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Tesla’s demise could bring down the whole ‘house of cards,’ warns strategist

Shawn Langlois
Tesla’s demise could bring down the whole ‘house of cards,’ warns strategist

“It’s all so embarrassing,” says Bill Blain, strategist at London-based Shard Capital, which oversees more than $1 billion in assets. “Peak Musk” has come and gone, he warned in his Morning Porridge note Wednesday. The negativity, sales concerns, ongoing capital burn... he sees it’s all coming to a head.