Elon Musk #2
- Thread starter JeffKeryk
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Ever heard of Fool's Gold?
Still though, good for him and Teslas seem to be a very fast and sharp car. Wonder if they will ever add some kind of a gas tank to make it go everywhere.
Starting to realize he is some kind of a visionary so I'm not going to jump on the Elon Musk hate train.
Will be very interesting to see who the largest auto makers are in 5-10 years.
It will remain unchanged.
VAG
Toyota
Renault-Nissan-Mitsu
GM
Hyun/Kia
Ford
Honda
The new Stellantis Group
The order may change, but those will still be the biggest players in town over that 5-10 year period.
Getting rich on government subsidies
AutoMechanic
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His cars seem to be popular as much as I hate to say it. I don’t think his company will go belly up and I don’t want him too even though I don’t like his cars.
We're beginning to spread our fears without needing much stance & name for each https://www.businessinsider.de/wirt...la-deutschen-autobauern-sorgen-bereitet-f1-a/
His Hyperloop looks somewhat lube efficient and entertaining though (while space activities tend to border on crimes against humanity).
His Hyperloop looks somewhat lube efficient and entertaining though (while space activities tend to border on crimes against humanity).
I'm not drawing a direct comparison, but Bernie M and Enron did well for a while too.
Just random examples of course.
What he has done so far is nothing less than impressive.
Starlink is amazing.
As is SpaceX in general.
25% investment return in 2 weeks. God bless Elon
Regardless of what you think about the guy, gotta give him credit for his ideas and innovation. SpaceX is incredible considering how long ago we quit launching shuttles. Gates, Zuckerberg, and Bezos are basically con-artists in comparison at least in my opinion.
There are a ton of folks that have jumped on the "world as we know it will end soon if we do not get to zero fossil fuels by the year 20xx" wagon train. Also, given there is sufficient electricity to charge EVs with Tesla's performance there is a lot of interest in EVs.
He may be onto something, but then again maybe this trend will be stifled by future unanticipated problems, of which there are usually many with new technologies. Time will tell.
He may be onto something, but then again maybe this trend will be stifled by future unanticipated problems, of which there are usually many with new technologies. Time will tell.
VAG is not even 1/5 as valuable as Tesla by Market Capitalization.
Not even close.
Car Mfg by Market Cap
I understand that. I'm not looking at market cap, I'm looking at how much they actually produce. Frankly, I don't think Tesla's stock is grounded in reality, so I look at production instead. I say that as an investor in Tesla. By every other marker, VAG (and the others listed) are much, much bigger.
Good point; there will be unforseen problems. Heck, Tesla as a car manufacturer has almost failed several times.
They have made a lotta mistakes; they saved the company by erecting 2 enormous mfg line tents in the Fremont plant parking lot.
They were nearly outta business in mid 2018; they ended the year with enormous Model 3 sales. We got ours in December.
Now they are building mega factories around the globe.
Fremont, CA
Tilburg, Netherlands
Shanghai, China
Berlin, Germany (2021) Will build Model 3, Model Y and new Model 2.
Austin, TX (late 2021) Will include an ecological paradise for the public. Semi, Cybertruck, City Bus, Model 3, Model Y. At least 5,000 new jobs.
What will be the next hurdle? Can they hangle it? Time will tell.
But right now, every car company in the world is chasing them from behind.
As in Starlink specifically.
In before the 10_years_ahead_claim: There'll be more and more campaigns to support, say ...whoever
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