| If TSLA is in a bubble, at some point it will implode. And then the wealth that was created is destroyed - it won't be transferred out of the company, either. > Musk helped put Trump back in power, and the relationship looks openly transactional. Both parties accept help from wealthy people, and yes, they do expect something in return. I don't see that Musk got anything out of it, though. Musk received 0 benefit from DOGE. > But that does not make up for the harm, distortion, and unaccountable power being exercised now. What power do you think Musk is exercising now? > He is also benefiting from an administration where white collar crime and regulatory accountability seem to have basically stopped being real things. I gave you examples of no accountability in government things. I don't see any decrease in accountability. > Even today, Tesla appears to be the highest P/E outlier in the S&P 500 among profitable companies. So the market is not just valuing the current business. It is valuing the story, the hype, Sure. And I bought TSLA years ago. I didn't believe his FSD hype. But he delivered on it anyway. If TSLA stock implodes, it's only going to hurt the shareholders, not you. > and increasingly Musk’s ability to buy influence to stay outta trouble. What influence is he buying? |
Besides eviscerating all the regulatory agencies enforcing rules against his companies and huge amounts of private data from all sorts of agencies?