The absurdity of the Tesla speculation can be summed up by the wild speculation of one tiny money manager, who runs little enough capital to even qualify for the title. John Thompson of Vilas Capital Management told MarketWatch: Companies eventually have to make a profit, and I don't ever see that happening here. This is one of the worst income statements I've ever seen and between the story and the financials, the financials will win out in this case. Thompson hasn't even been able to build a fund with much more than $25 million in capital. He is a good example of what people say when they don't understand their subject. And he should spend his time raising a little money.
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