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comment by kleinbl00
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.





b_b  ·  78 days ago  ·  link  ·  

And if we click our heels together three times, and repeat "There's no place like Mars" maybe Elon will take us with him off planet when Tesla is worth 60 kajillion dollars after they reach a million unit sales per year. What a fucking fantasy world "the market" has created.