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I'm a Tesla shareholder (110 shares), and I voted against that awful proposal to mess with Musk's compensation. His leadership is the reason Tesla is what it is
by maxharris 6y ago
I'm a Tesla shareholder (110 shares), and I voted against that awful proposal to mess with Musk's compensation. His leadership is the reason Tesla is what it is today, and without that, I would not have any expectation of further growth, which would lead me to dump my shares.
Tesla is likely to be worth 10-20k per share by 2024 as long as Musk is still CEO, and they keep executing as they have been so far. So please, don't try to "help" us shareholders, because all you'll do is hurt us.
- xkjkls 6y agoYou think Tesla will be a $4 trillion market cap company in 4 years? Do you have any idea how crazy that valuation idea is?
- maxharris 6y agoBack in 1999, people made the exact same argument about Amazon. At that time, the people in the video below said that Amazon's market cap meant that they'd have to grow to sell 100% of all books sold in order to justify their $90/share price. https://twitter.com/xiang_aw/status/1278347734055923713 https://twitter.com/xiang_aw/status/1278347734055923713
- xkjkls 6y agoYeah, and Tesla is not Amazon. Not in any way, shape or form. Amazon is a unique success because it is unique. Tesla is a 15 year unprofitable car maker that has never met its projections or expectations on future profit or revenue.