First Government Lavishes Money on Tesla, Then Wants to Prosecute it

That is actually par for the course in cronyland.

(From Reuters)

“Another boxing match with the SEC is the last thing investors wanted to see,” wrote Daniel Ives, an analyst at Wedbush Securities who has an “outperform” rating on Tesla.

He called the latest incident “a wild card that could potentially bring this tornado of uncertainty back into the Tesla story until resolved.”

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