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It's notable that this only happened because Elon held a controlling (or near-controlling) share and pushed for long-term vision against the wishes of instituti
by bpodgursky 2y ago
It's notable that this only happened because Elon held a controlling (or near-controlling) share and pushed for long-term vision against the wishes of institutional investors, bulling them as necessary. The "long investment timeline" did NOT come from wall street.
- lotsofpulp 2y ago“Wall street” is the one rewarding Tesla with a market cap almost an order of magnitude more than Toyota, even though Tesla’s net income is not much higher than Toyota’s, and Toyota moves many more cars. “Wall street” (or “the west”) is getting far more on Tesla’s long term ability to grow net income than on Toyota’s.