Markets Bet On Musk Myth

Tesla's profits plunge 71%; but the stock price defies gravity. It may have little to do with the viability of the company.

Tesla's catastrophic first-quarter results have laid bare the true cost of Elon Musk's political adventures and divided attention. With profits plummeting a staggering 71% and the company's stock down over 40% this year, what we're witnessing should be the potential collapse of the Elon Musk empire,…