Market cap of every company moves
in lockstep with the amount of quality of life that such company signs off for the American consumer.
All of them except Tesla which is a techno-utopian religion in which people can buy a stake in , therby giving hundreds of billions of dollars to the cult leader in advance for promises which will never be delivered.
Just like the church selling a spot in heaven to finance the construction of St. Peters Dome.
If you disappeared Tesla inc. overnight the number of people crying histerically because they’d think the world will come to a technological standstill without the omniscient space-Karen would vastly surpass the number of people complaining that nobody will be able to service their car.
When entities such as governments or companies try to leverage the credulity of the public and thus get in the business of selling hope for the future, that is the moment to leave as that entity is becoming a cult preying on its members
Sorry I’m not following. Tesla generates over $20 billion in revenue and $3 billion in profit per quarter. They have a dominant market share in an industry expected to grow tenfold.
I am a consumer who can clearly identify what’s a real improvement and what’s make believe political BS.
The quality of life of the American consumer is marked by revolutions.
there is a before and after Standard Oil, quality of life will never be the same as it was before.
before and after Ford
before and Microsoft
before and after Google
before and after Facebook
before and after Amazon
A car today is essentially the same as it was in 2002, the quality of life that Tesla brought to the table is essentially non existent .
If anything a 2002 dieael Benz or BMW was better refined and more durable
The only signal that Tesla brought to the attention is the pussyfication of Western society and climate change hysteria among the elites who are reasoning with timeframes which are completely at odds with regular people , who frankly speaking could care less about the temperature 120 years from now