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b_b  ·  3381 days ago  ·  link  ·    ·  parent  ·  post: Porsche is throwing its hat into the electric car ring

I'll never defend the dinosaurs running the Big 3. They are their own worst enemies, and they deserve to get out innovated. That said, permission to burn money only lasts for so long. At some point the bottomless pit gets filled up. Obviously, I don't have the slightest clue as to where that point is, but I can tell you that a price target of $400 for their shares sounds to me like a death wish for the would-be investor.