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I feel that most people have invested in Elon because he knows how to make a lot of money and they want to be part of it. Investors are here for the money. Whi
by GuB-42 5y ago
I feel that most people have invested in Elon because he knows how to make a lot of money and they want to be part of it.
Investors are here for the money. While some will favor some companies over others for ethical reasons, no one invests to lose money. In the case of, for example, Tesla, the reasoning is usually that governments all around the world want to move away from fossil fuels and because Tesla is in that market, it will eventually make shittons of money.
That Elon Musk wants to buy Twitter shouldn't have an impact on the potential profits Tesla can make, Elon or not, Tesla will continue making electric cars in a world that demands electric cars to move away from fossil fuels. As for SpaceX (the "interplanetary" side), it is private, so you can't invest.