I don’t understand economics. All I hear about this guy is this went wrong for him and that and he floundered that thing and this other project of his is literally a dumpster fire burning money and the boards of every company he is involved in are furious at him because he keeps losing them money and he lost 2 fantastillion dollars in this hare-brained venture and, oh yeah, he now has more money than anyone in history ever including himself.
I don’t understand economics. All I hear about this guy is this went wrong for him and that and he floundered that thing and this other project of his is literally a dumpster fire burning money and the boards of every company he is involved in are furious at him because he keeps losing them money and he lost 2 fantastillion dollars in this hare-brained venture and, oh yeah, he now has more money than anyone in history ever including himself.
This isn’t economics. The stock market is more of a casino.
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To give an idea of how absurd Tesla stock is, Tesla valuation is higher than the next 35 automakers COMBINED!
Thisn article is from last year: https://www.newsweek.com/elon-musk-tesla-worth-more-35-next-biggest-automakers-combined-2006586