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Well, the market cap of Tesla is currently over $700B, so spending 6% of your market cap on marketing isn't that crazy. But in this case I don't think Musk is
by discodave 4y ago
Well, the market cap of Tesla is currently over $700B, so spending 6% of your market cap on marketing isn't that crazy.
But in this case I don't think Musk is playing checkers, when everybody else is playing chess.. I think he was just doin drugs, and tweetin twetes.
- bearmode 4y ago> Well, the market cap of Tesla is currently over $700B, so spending 6% of your market cap on marketing isn't that crazy. Until you account for how grotesquely overvalued TSLA is, anyway
- UncleMeat 4y ago6% of market cap is huge. That's not 6% of revenue. Imagine Apple spending $140B on a marketing department.