Quote:
Originally Posted by KRS_SN
musk made a ugly behemoth sexy by making it fast and clean and reaped rewards. I saw his love for ferrari in a old video where he actually looks bald(pointless observation) so the petrolhead in him combined with the businessman and nerd and IT geek has done a great job.
He didn't overvalue the shares others did. If shares crash but he gets to keep his billions fair play
but there are competitors around
most people don't care about 0-60 times
https://thedriven.io/2020/11/10/kia-...uk-in-october/ |
I agree, I don't blame the stock price being overly inflated on him. Multiple times he said he thought it was too high and it isn't his job to try to lower lower it.
I give him a lot of credit for what he has built, just am not a believer the stock price makes sense or that others can't do what he is doing now or even better.
Also think the vast majority of the world buys inexpensive, trouble free, basic transportation for many reasons. Tesla will have a harder time competing in this market. While the others aren't as good at EV's, they have spent many decades pulling every cost out of building basic cars.
Renault Zoe eclipses Tesla Model 3 as Europe's best-selling EV
https://www.autocar.co.uk/car-news/n...ar%20increase.