Student: “So Elon Musk is a trillionaire?”
Me: “Yup.”
Student: “How did he get that much money?”
Me: “Well, he doesn’t really have a trillion dollars cash. He just owns a lot of stock in companies that are valued at a trillion dollars.”
Student: “So those companies make huge profits?”
Me: “Oh gosh no. They all lose billions of dollars a year. All of them. Huge losses.”

The Economist headline: “Gen Z Mysteriously Hates Capitalism and No One Can Figure Out Why.”

@nswigger Not to let facts get in the way of your lols but in 6/2020 Tesla became profitable after four consecutive quarters in the black.

Yes, Elon is an asshole and a huge disappointment but there would be no US EV industry without the pressure #tesla put on legacy manufacturers

I know I know buses and bicycles, I use them frequently but the majority of Americans never will but are more likely to drive an #ev

@nswigger also, #tesla existed before Elon and Elon was rich before Tesla. Why no angst against #paypal ? #petertheil , evil personified, got rich from PayPal too.