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Not defending Musk, but investors and shareholders don’t abandon him because he has delivered huge returns to them through Tesla stock. He is always too optimis
by mikpanko 3y ago
Not defending Musk, but investors and shareholders don’t abandon him because he has delivered huge returns to them through Tesla stock. He is always too optimistic (maybe intentionally) about the timelines, but ends up generating money in the end.
Plus, he is super rich and people want to be close to big money - could lead to many benefits through networking and opportunities.
- highwaylights 3y agoDoes he end up generating money in the end though? The only way to say that definitively is if Tesla were at some point in the future to shut up shop and return a balance to the shareholders many multiples of what they bought the stock for. Until that happens the plates are still spinning and could go either way.
- valval 3y agoYes, you’re absolutely right — nobody has ever made any money in the stock market in the history of the stock market. God, I wonder what kind of gotcha this was in your head.