Peter Schiff was recently on RT.com discussing Tesla (TSLA) stock:
"Things have been
going a lot wrong for a long time at
Tesla when it comes to profitability. So, it's really not about one quarter it's
about whether or not you're gonna make
the leap of faith that Tesla is actually
going to make a profitable company out
of its business. Right now it's
losing a lot of money and what has to
happen to justify the current share
price is that they have to make a profit
but they have to do it at a large enough
scale to justify this valuation and I
think that's going to be a very
difficult thing for Tesla."
