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I respectfully disagree. 1) The denominator and numerator need to match up. $40B is the total costs assuming self-driving had 100% market penetration and were

I respectfully disagree. 1) The denominator and numerator need to match up. $40B is the total costs assuming self-driving had 100% market penetration and were self-driving 100% of the time. It's not an estimate for damages this year. If you look at a snapshot today, Autopilot is responsible for O(300) accidents per year, leading to around $300M in potential damages. That's about 1% of their profit, and 0.25% of their revenue. 2) Market cap is quite literally a bank. I can always borrow from the market by releasing more shares, or do the reverse by buying them back.

jpc0 3y ago
> 2) Market cap is quite literally a bank. I can always borrow from the market by releasing more shares, or do the reverse by buying them back. Here's an idea. Become the CEO of a large cap company and try that. If you are please let us know which one, I'd love to short your stock just before you do that because I would make a literal killing. The moment you do that your stock will tank a significantly larger amount than what you just diluted, also you would be fired by your board the very next day. Modern stock prices are not anywhere near book value of the company, the is especially true for Tesla which by many people's estimation is quite overvalued and a move like that would just tank the stock. You are talking out your ass.