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He also cares about Tesla stock price though, and that is significantly down today since they have so much Bitcoin holdings.
by GhostVII 5y ago
He also cares about Tesla stock price though, and that is significantly down today since they have so much Bitcoin holdings.
- strikelaserclaw 5y agoi get that Tesla is revolutionary in the car industry but it's stock pretty much goes up and down like a cryptocurrency. I have a strong feeling that people who love tesla stock also own crypto.
- stephc_int13 5y agoIs it revolutionary? What is the innovation behind it?
- root_axis 5y agoTesla is the preeminent electric vehicle and is pushing the entire industry forward as every manufacturer races towards producing their own luxury electric vehicle to compete with Tesla. It's a very similar dynamic to how the iPhone revolutionized mobile phones. With that stated, I don't attribute this success to Elon Musk beyond his ability to lie his way into sustaining the company's valuation so that the engineers could do the hard work.
- 8note 5y agoMarketing. They've marketed non fossil fuel vehicles to consumers, which other car companies have not managed to do
- Ekaros 5y agoLies like autopilot and self-driving too...