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I feel like you are answering a point that I was not making, Tesla is overvalued in my opinion too. > People are not stupid, especially here...we all know what
by belval 5y ago
I feel like you are answering a point that I was not making, Tesla is overvalued in my opinion too.
> People are not stupid, especially here...we all know what Musk is trying to do which is basically the same he has always done. Trying to divorce his net worth from the concrete and practical impact that his company is having on the world.
Tesla does ship cars, you not seeing them in the street is more telling of where you live than anything else. I see several every day because three of my neighbours have one. Anecdotes are worthless in these discussions. You not seeing Tesla also doesn't change the fact that SpaceX is putting satellites in orbit and landing the booster afterwards. It has no impact on the current starlink customers getting Internet access in remote areas where they could only get 1Mbps before. It does not change the fact that PayPal is worth $240B today.
In a way you prove exactly the point I am making, you call Tesla a scam because "He does so with promises of technoutopian dreams". Tesla isn't a scam, you can drive the car without owning their stock, the model 3 is even affordable. You dislike Musk and that's fine, but your overly cynical take is not enlightened.
- GDC7 5y ago> Tesla does ship cars, you not seeing them in the street Are you a car person? They are as rare as Land Rovers or Lotus or Alfa Romeos or Fiats. What's the marketcap of those companies? It's in the millions because those companies don't have a master manipulator cult figure at the helm > It has no impact on the current starlink customers getting Internet access in remote areas Where are they? You cannot pinpoint anybody who owns this thing, let's be serious now. It's always the same, it's the promise of StarLink, the idea of StarLink...number of customers? In the thoudands. > It does not change the fact that PayPal is worth $240B today. Musk is not involved (directly or indirectly) in running PayPal ever since 2000. HN can't have it both ways, if the idea is rubbish and it's all about execution then Lord Musk is not special and his initial idea of X.com/PayPal world domination is also rubbish and Ebay deserves all the credit for the execution. > Tesla isn't a scam, you can drive the car without owning their stock, the model 3 is even affordable Enron too, sold products and services...that doesn't mean it wasn't a financial scam engineered by the CEO to enrich himself.
- thelastgallon 5y ago> Are you a car person? They are as rare as Land Rovers or Lotus or Alfa Romeos or Fiats. What's the marketcap of those companies? I have never seen any of these (are these cars? what are these?!). Stagecoaches we see in western movies? Other than producers of western movies, who would buy stagecoaches? Marketcap of stagecoaches can't be that great! Millions seems like a lot. > It's always the same, it's the promise of StarLink, the idea of StarLink...number of customers? In the thoudands. On HN, we see articles on starlink from early adopters. Not sure what your point is. Everything starts directly with a billion users? This is how all companies have operated in the past? > Enron too, sold products and services...that doesn't mean it wasn't a financial scam engineered by the CEO to enrich himself. You have proof this is a scam? Short it! Publish your research and convince other people to short it with you.