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Comment by pyrale | Hacker News Reader

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pyrale·

> I don’t see how this company is going to sustain its valuation given the basic fundamentals at play.

Goodwill has always been the main driver of Tesla's valuation.

This may become a problem, with Musk turning into a cartoon villain recently.

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It's odd to me how people perceive him as a cartoon villain. He's fairly ordinary in terms of views and actions other than being childish.

I'd hardly call endorsing conspiracy theories like "PizzaGate" to be ordinary.

I dont recall him endorsing that-

But, frighteningly enough, it is rather ordinary these days.

https://www.nbcnews.com/tech/tech-news/elon-musk-boosted-piz...

Not a single link to what Elon Musk actually did, just an opinion piece from a competing media company. Show me the exact tweet please.

https://twitter.com/NikkiMcR/status/1729532438508941359?ref_...

I don't read that as endorsing Pizza gate as much as it is saying that mainstream media, his competitors, are not to be trusted

Whenever people use the word "endorse" or "endorsing" in a political context I get suspicious.

Would the person supposedly "endorsing" the thing agree that that is what they are doing? Would Musk agree that PizzaGate is true if asked?

You draw your own conclusions:

https://twitter.com/NikkiMcR/status/1729532438508941359?ref_...

The main drivers of Tesla's valuation are that 1) they make incredible cars (some of the bestselling in the world already), 2) they have a massive head start on EVs, 3) they have fantastic margins (most other manufacturers are selling their EVs at a loss), 4) they have the full self-driving lottery ticket, which, while still unproven, will pay off huge if it succeeds.

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