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by tardedmeme
37 days ago
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Stock market is about expected future returns. Tesla probably won't ever be very good, but it has the chance to regulatory capture the entire US market in a way that Volkswagen doesn't. Tesla gets to market overpriced junkboxes to rich people in a way that Volkswagen doesn't. Tesla has a likelihood of acquiring lottery-ticket companies like xAI in a way that Volkswagen doesn't. This stuff doesn't happen when your company just focuses on making cars. |
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