3 ms·
Yes, and they still do
by croes 7mo ago
Yes, and they still do
- lotsofpulp 7mo agoTesla's highest market cap in 2010 was $3.3B. Tesla has more net income, sometimes multiples more, per year, from 2021 to 2025. For comparison, it is routine to see sale prices of 3x to 5x revenue for many, many kinds of everyday businesses that have much less potential than Tesla. There are very, very few businesses whose shares one could have purchased in 2010 that performed better over the subsequent 15 years. That is about as objective as one can get about determining whether or not something was under or over valued (in 2010).
- croes 7mo agobecause not only the shareholders overpaid but the car buyers too.
- arein3 7mo agoIs musk derangement syndrome a thing?
- malfist 7mo agoNo.
- scottyah 7mo agoYes, and it makes much less sense to me. It boils down to he's rich on paper, and doesn't put on a fake PR mask.
- arein3 7mo agoOnce you see it, it's preety funny how these people pick weird little hills to die on.
- scottyah 7mo agoSociety seems a lot more full of people trying to broadcast who they are from their opinions on stuff instead of what they've done.
- croes 7mo agoSociety seems to favor sociopaths who destroy everything for their own benefit. Do you think DOGE has done something good or did it just help authoritarians to dismantle opposition? Since Musk, Trump, Thiel & Co. started to implement their vision of a society the world turned to the worse. And they won‘t be the one who habe to endure the harsh consequences
- jgbuddy 7mo agoBingo!
- croes 7mo agoLet’s ignore things like the pedoguy incident and his ridiculous defense it was South African slang. Or how he helped dismantle USAID which leads to real death of people. You’re being spoiled with not having a fake PR mask. He‘s just spared from real consequences because of his wealth. As soon as real consequences are at the horizon that changes pretty quickly. It just happens too rarely.
- arein3 7mo agoNot having a PR mask is because he doesn't care about cancel culture. I like that. Cancel culture needs to stop, we are not a hive mind, everyone has different opinions.