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A comment on Elon Musk Settles SEC Fraud Charges. Parent comment

Re:Elon Musk Settles SEC Fraud Charges by reaperducer on Saturday September 29, 2018 @05:50PM (#18103073)
Lots of companies are making cars without anywhere near the same levels of fanfare.

I don't know much about the auto industry, and don't really follow Tesla, but I do know that Tesla stock is worth almost an order of magnitude more than General Motors.

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Re:Elon Musk Settles SEC Fraud Charges by asaph on Saturday September 29, 2018 @06:01PM (#18103136)
Only by share price, which doesn't matter. By market cap, a far better (though still imperfect) measure of company value, GM is worth a little more.

TSLA ~$45.5B

GM ~$47B

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Re:Elon Musk Settles SEC Fraud Charges by thinkcontext on Saturday September 29, 2018 @06:02PM (#18103147)
The stocks aren't really comparable. If you liquidated the companies GM would bring in many times Tesla. Tesla's value comes with a huge risk premium. Tesla was very close to going under a few months ago and it could still do so, if it doesn't execute right.
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Re:Elon Musk Settles SEC Fraud Charges by mrkstu on Saturday September 29, 2018 @06:54PM (#18103429)
Do you really believe he couldn't raise 4-5 billion by calling friends at Google who share his vision? He wouldn't want to dilute his holdings, but if push came to shove he'd do it.
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