Posted on 02/04/2018 8:17:04 PM PST by BenLurkin
I don’t know. Maybe investors looks at things like Tesla’s top consumer satisfaction rating, or the fact that 500,000 people put down $1,000 deposits on a car sight unseen. Maybe they notice that Tesla is also an energy company (solar cells and storage). Maybe they look at the CEO’s history of starting new businesses and the intelligence of Tesla tech employees and realize that Tesla can start a new division very quickly when there’s opportunity.
Personally, I see a fad.
But then Google, Facebook and Amazon have yet to make a profit and yet are worth billions. So, what do I know. .
Musk has generated more tax revenue than the “subsidies” his companies have received. Net win for taxpayers.
Google sells ads via a search engine;
Facebook sells ads via social connections and;
Amazon sells other people’s stuff to consumers.
None of them actually make anything tangible. Tesla and SpaceX, on the other hand, do make tangible goods - but get knocked for an ad.
Go figure ...
You should read the recent biography on Musk.
It’s not all positive, but I’ve got to warn you, most of it is.
So was Thomas Edison - often to his own detriment. You could have asked Nikola Tesla, or any of the other talented young inventors Edison hired at Menlo Park.
That was one impressive launch and the landing of the boosters was....er...awesomer! Musk’s Tesla with Starman zipping through the Solar System is just icing on the cake.
Haven’t felt so giddy since the first Shuttle launch.
bttt
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