Also Tesla won't collapse because it's investors are the most brain damaged investors, and frankly their self-fulfilling prophecy has kept them repeatedly buying any dip back up. It's been extremely profitable to be a mindless Tesla investor.
I hate "fictitious" valuations as much as the next guy, but at the end of the day it's what people are willing to pay for equity that determines value, not what it's books look like.
It doesn't suck that SpaceX or Tesla exists. It sucks that the person who has profited most from those entities is using their power to destroy government agencies that oversee his companies, and more broadly, to constantly lie and try to destroy the federal government.
He’s given society new products and services that didn’t exist before, the option to purchase from those companies, and the tax revenue from those companies (to the tune of hundreds of billions)
What a weird way to say that. He “gave” us spacex or Tesla.
No, he founded them.
Tesla technically existed on paper before Musk, but they didn’t even have a working prototype, and their facility was a home garage. In all practical terms he founded Tesla as well.
Twitter he bought obviously, which is why I didn’t mention it.
… also I was looking at your comments, your rate of Elon glaze per min is really impressive.
You seem to be acting in bad faith here.
https://www.theverge.com/23815634/tesla-elon-musk-origin-fou...
"No, Elon Musk did not found Tesla; the company was originally founded by Martin Eberhard and Marc Tarpenning in 2003. Musk became involved later as an investor and eventually took on leadership roles, including CEO, after a legal battle over the title of founder."
That is a complete and utter lie. Even Hannity made this obvious in his interview yesterday and the look on Elon’s face was priceless.