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Re:Macroeconomic Changes Have Made It Impossible for Me to W... by Cthulhu_ on Wednesday January 25, 2023 @08:00AM (#34517724)
Exactly that. Tesla did about $53B in revenue in 2021, but they gained about $300B in market cap (going by guesstimates based on https://companiesmarketcap.com/tesla/marketcap/).

A company and its owners doesn't get wealthy from revenue or sales, but from pumping up their stock. For some reason, investors love both layoffs AND headcount increases.

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