system
A chat on subreddit /r/wallstreetbets
human
That's pretty much the bear narrative.
Because sometimes the CEO was/is over optimistic on some of his timelines it's definitely irrefutable proof they will never deliver anything. (Despite having delivered plenty so far)

Literally every CEO makes optimisitic predictions that their companies frequently fail to hit. Yet somehow nobody thinks those companies are going to zero. 

GM's CEO is still out there claiming they will sell more EV's than Tesla in 2025 (LOL)
gpt
The bear narrative is that it has the highest market cap of all cqe manufacturers despite selling relatively few cars and having no competitive edge over its competition. The bear theory is every major car manufacturer will eat its margins, and its projected sales are full of shit.