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And how can Tesla keep growing at a 50% rate, buy out all the other car companies in the world? There is a limit as to how many people can afford to buy $60k+ c
by coldcode 4y ago
And how can Tesla keep growing at a 50% rate, buy out all the other car companies in the world? There is a limit as to how many people can afford to buy $60k+ cars. The stock is already far beyond what the company profits will ever be worth. Today it seems like no one cares about profits, but will that always be the case?
- zarzavat 4y agoTesla is not about cars. It’s a marketing company and its product is the Tesla share price. This Twitter stunt is just one in a long line of stunts that Musk does to get attention for himself. People invest in Tesla because they want to invest in Musk as an individual. This media hijacking is similar to the way that Trump got elected in 2016. I bet that if SpaceX ever went public it would cause Tesla to fall as everybody who wants to invest in “Musk is a genius” would invest in SpaceX instead of Tesla.
- johnamata 4y agoAgreed. Also in other countries like mine where EV cars and the climate change issue and environmentalism movement that's being pedalled by the western media arent a thing, mostly Asian countries, Tesla here is more synonymous to batteries and sustainable energy. We've got a presidential election next month and some of the presidentiables, including the one who's most likely to win according to polls, are calling for more Tesla energy adoption for the country during their campaign. Musk diversified his company's products well
- tekknik 4y ago> This media hijacking is similar to the way that Trump got elected in 2016. Please elaborate.