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kleinbl00  ·  78 days ago  ·  link  ·    ·  parent  ·  post: The billionaires are angry

    Tesla is now worth as much as literally every other car maker combined, and that's a symptom of a disease, not a sign that Tesla will one day out earn all of its competitors.

Important side-note: Tesla was worth more than literally every other car maker combined until two days ago, when the mere idea of Elon Musk having to divest 10% of his holdings caused Tesla's market cap to drop two hundred billion dollars. This chart is from October. As of this writing, TSLA's market cap is $1.06T, down from a peak of $1.23T last Thursday.