Hacker News new | ask | show | jobs
by ObserverNeutral 1869 days ago
> Yet, this fake it til you make model has enabled reflexivity in the growth and stock price allowing Tesla and other Musk ventures to grow and accomplish a lot with amazing speed.

But once you are a company that size the goal is to grow and accomplish amazing stuff but with great margins.

Tesla has essentially arrived at destination with regards to MarketCap, it won't become a 5 trillion dollar company. Nobody will. There is such a thing as the Sherman Act and Antitrust.

Tesla still lags behind in every other metric (especially margins) compared to similar companies of that size.

Seems to me Musk will have to work a whole lot just deliver and thus mantain the current valuation and his level of net worth right now.

Alternatively he could get to 5 trillions by promising new products at an increasingly higher rate and thus avoiding the antitrust laws. Those laws were written for a company which actually has a market dominance, not a company which has a stock market dominance based on the promises of the CEO and people believing in it and buying the stock.

I think from what we've seen, he's going in this direction exactly, he'll keep inflating the bubble that's for sure. He only has one gear