Yeah their cars a cool we get it okay. 

They still burn hundreds of millions of cash.

S&amp;X demand is completely dead.

M3 Demand has normalized after they have burnt through their backlog.

Effective margins on the Model 3 are non existant.

Tesla FSD doesn't exist.

Tesla sevice is shit and they are doing nothing to improve it.

Elons legal troubles are far from over. 

Cash is getting tight and they are not raising for some reason.

How exactly is any of this going to improve? If things remain the same they can't survive with a capital raise. 

Should be trading at most at 1.5x book value at around 50 dollars.