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The tough thing for Tesla shareholders is the share price needs Elon, but the company itself would be better off without Elon if he's going to affect demand. A
by sidibe 4y ago
The tough thing for Tesla shareholders is the share price needs Elon, but the company itself would be better off without Elon if he's going to affect demand.
A lot of the share price is for the future magic tech Elon keeps proposing, it is currently valued way more than car companies would ever be
- fuzzfactor 4y agoYou are what you own. Owning both Tesla and SpaceX is like owning Ford and Boeing to an extent. Building them up from scratch in one lifetime is remarkable in addition. These are technology companies that require technology progress to begin with, then continuously as you go along. With SpaceX it does take a rocket scientist to do this. Plus they give users something to show for their money. Owning Twitter is like owning the National Enquirer. Not a technology company regardless of any technology that might be involved or developed. This is a gossip rag with reader participation, where the one-to-many and distribution have been scaled by technical progress. Where the ultimate outcome is putting advertising on steriods via gossip. Not a technology company. Just gossip media, and purchased when trending toward lower-class participation. Remember, even Trump could start one of these with no engineering ablity of his own. Of course when it comes to engineering or leadership, he's no Jack Dorsey. As we have seen, his genius remains stable at a much lower point on the scale. With Tesla and SpaceX being so significant, plus things like Boring and Starlink, Musk was always considered all-in on technology. Now not so much, with gossip taking such a significant chunk. It doesn't take a rocket scientist to spread unflattering words. And of course I'm no rocket scientist. Just a regular scientist.