Tesla has a HUGE gain

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In comparison to its carmaker peers, Tesla is now worth more than the next 15 largest companies combined. Why do you think that has happened?

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TheOneyouwerewarnedabout · 46-50, MVIP

elons no dummy.
hes got space x contracts to lionise...

Motzu

I only saw two Teslas when I lived in West Virginia and couldn't figure out how he was so rich off them.

Now in Pittsburgh, I've seen a dozen, and only two of those cybertrucks (or whatever they are called). I also have seen a total of 1 tesla charging stations.

How exactly is this making him so rich?

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IronHamster · 56-60, M

@carpediem As much as I love my Tesla experience, it's not a luxury car. It's not a Lamborghini, or a Bentley, etc. I have no idea how @Motzu concludes it is a vanity statement. The base Model 3 is cheaper than a Toyota Corolla to own, and I don't hear anybody claiming a Corolla is a car for snobs.

carpediem · 61-69, M

@IronHamster 🤷‍♂. No clue. But apparently it really bothers him.

Iwillwait · M

Why? Because Elon doesn't stop, he also leaves all of his Intellectual Property on an Open Source server to share with all builders. Elon is moving forward at a speed beyond all other Manufacturers and Developers, leaving room for time and errors to enable full completion.

HumanEarth · 56-60, F

Bribed senators, Congressman, and other politician groups from around the would.

Just like when Henry Ford and JD Rockefeller got together to try to get Ethanol ban as fuel.

It worked for many years, but now it's back. But this time Ethanol fuel is now mixed with gasoline.

There a reason for it and it for what you think it's for.

IronHamster · 56-60, M

@HumanEarth Ethanol is a terrible fuel. It's also of questionable morality to take food from an otherwise hungry world and turn it into an ineffecient fuel.

HumanEarth · 56-60, F

Well it also destroys engines, it burns up the valves, piston rings and seals. Main reason cars are not on the road longer then the older ones

IronHamster · 56-60, M

Tesla is not a car company. Tesla is a tech company that makes cars.

Tesla is going to have a loyal following. FSD is getting more and more amazing. The Farfigneugen I get will keep me from considering any other make.

And there's more to come.

Justafantasy · M

Canada is forcing internal combustion out. What about the rest of the world?

I haven't looked at Tesla stock in years, have they turned a profit yet??

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IronHamster · 56-60, M

@Justafantasy I own a Tesla as my daily driver, and love it, but the EV isn't a universal solution and I detest a fascist government shoving mandates down the throats of its citizens.

Justafantasy · M

@IronHamster I have a 4 hour commute to work that if I were to buy electric I'd have to get into a higher range (more $$$) version and that's for days without needing heat or ac. And then how does battery life handle being parked for a month or two at a time in the Alberta weather??

IronHamster · 56-60, M

@Justafantasy My point exactly. A Hybrid is a better choice in your case. Government mandates aren't going to pay for chargers at each parking place. My Tesla has a range of 350 miles, which is realistically 300 if you are fully charged right before you leave, but the batteries degrade at about 3% per year for the first few years.

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