Bruce Nunnally Posted May 17, 2014 Report Share Posted May 17, 2014 Jeffrey Gundlach has some advice for billionaire Elon Musk. Get out of the car business. The bond manager, who says he’d rather buy Tesla Motors Inc. (TSLA) shares instead of Twitter Inc., sees a 30 percent chance that the electric-vehicle maker will give speculative investors a “killer” return. Gundlach said he’s been trying to get together with Musk, a fellow Southern California resident, to persuade him to cut a deal with competitors in which Tesla would stop making cars and instead supply automakers’ batteries. Read more: http://www.bloomberg.com/news/2014-05-07/gundlach-tells-tesla-s-musk-to-ditch-cars-for-batteries.html Bruce 2023 Cadillac CT4-V Blackwing Follow me on: Twitter Instagram Youtube Link to comment Share on other sites More sharing options...
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