Tesla dealerships are getting protested and, in some cases, vandalized. Sales are down on 9 of the top 10 countries Tesla sells in. Yet Tesla stock is up. Twitter is a cesspool of nazi-themed bots, and somehow just pulled in $1bn and raised its valuation back up to $44bn.
How is any of this possible? It seems really artificial to me, but I don’t really understand business.
He gave his stock on those companies as collateral for bank loans and he needs those stocks to hold value otherwise the banks will call the loans and will reduce Musk’s ownership of his companies
That could just as well be the reasons those banks want those companies to have an inflated value.
If those companies lose much value there will be a lot of mess and no one involved is going to get richer of it.
These days a CEO is pretty much someone that markets a company towards the shareholders. Elon is a pretty good marketeer.
Was. He was a great marketeer. And then he crashed his brain and is ruining everything he built.
A good marketeer? Are you fecking serious?
Yes, his track record shows he is. He was able to create a brand for himself that made him the richest man alive.
I don’t think I can think of a better metric.
While it’s true that half of the world thinks he’s a shithat the other half thinks the man thinks this man embodies some kind of good.
I fell for it to, back in 2016 I thought the man was going to do great things for humanity
Musk is a threat to the integrity of the USA and is a dumpster of a human being but he knows how to navigate the circles of government, politics, and investors and gets those people to believe in him and let him do whatever he’s been doing