Five years ago today, after listening to some negative discussion on @atpfm, someone on Twitter angrily predicted that “in 5 years, Tesla will have a marketcap at least 5 times larger than Apple.” I made a calendar event for this prediction, because I am petty. But now the account that posted it has deleted all its tweets, ruining the fun.
@siracusa @atpfm if the commenter had said Elon Musk's wealth would grow by 5x they wouldn't have been far off. 190 Billion in 2021 to 852 billion now, about 4.5x
@Alpacheez @siracusa @atpfm
But it's not real wealth. It's shares.
xAI would soon be bankrupt which is why X, then SpaceX took it over,
X is doomed. He borrowed.
Telsa is doomed.
The Powerwall product is doomed.
Hyperloop?
Brain implants?
Cybertruck?
The tractor cab for big trailers?
(Korean supplier for Cybertruck battery material has almostwritten off contract)
SpaceX highly subsidized.
Starlink satellites have absurd short life.
Tesla's share "growth" was fuelled by carbon credits and hype.
@raymaccarthy Musk has been good at finding government handouts which makes it funny that he wanted to run "Doge" to find waste and fraud. He probably thought lots of other folks were getting "free" government money like he has done with SpaceX, and Tesla. I don't disagree with his objectives, but I do with his methods and whatever "values" he has.