Tesla Is the New Apple : TSLA

Tesla's (TSLA) stock has done nothing but make people money but you wouldn't know it from the Twitter-sphere. Any mention of the electric car industry leader's stock in a favorable light is met by the sneering contempt unique to bears. Sure there are devotees but for the most part Tesla is regarded as a stock for cult-members, not investors.

"If you talk positively about Tesla you're some sort of fiend," says OptionMonster's Jon Najarian. "There are so many haters... you can see it by the 30% short interest." In that sense Najarian says he hasn't seen such instinctive contempt for "cult-ish" shareholders since the days when Steve Jobs was running Apple (AAPL).

Comparing Tesla creator Elon Musk to Steve Jobs isn't a new idea, but it's hard to find many parallels to Musk among living CEOs. In fact there are those who don't think Jobs is worthy of being held in the same regard as Jobs. (more)

Please share this article