Even though I'm obviously so much smarter than him on matter of acquiring public companies, I'll graciously allow him to do whatever he pleases as long as he continues growing Tesla at 50% compounded rate.
Which he did this quarter, and the one before that and the one before that.
I'll be concerned when that stops happening. Until then I give him my blessing to do whatever he pleases with HIS money.
This media hijacking is similar to the way that Trump got elected in 2016.
I bet that if SpaceX ever went public it would cause Tesla to fall as everybody who wants to invest in “Musk is a genius” would invest in SpaceX instead of Tesla.
Please elaborate.
Trust me, I'll unleash my wrath on Musk the moment his actions cause my net worth go down due to TSLA stock going down.
But in my infinite compassion for lesser human beings, I allow Musk to continue doing things that are not 100% related to increasing TSLA stock price.
He has my blessing to purchase Twitter, if that makes him happy.
Don't get me wrong, there are limits to everything. Recently he asked if he can have a 9-th child and I said "absolutely no".
Another child would distract him from running a company and I, as a shareholder, absolutely cannot have it.
Or bullying American politicians. Or simply preventing himself from being banned.
They say the United States Congress is really just Hollywood for ugly people. In a sense, social media is really just Hollywood for smart people. Given Elon Musk's circumstances, and no matter what his motivations, they seem to be the correct ones to maximize his possible outcomes.