Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by bdangubic on Monday February 10, 2025 @07:10PM
(#43007090)
The fact that it's worth more than all the other automakers combined.
to justify this “vapor worth” Tesla would have to sell about 89 billion cars :)
…automakers founded more than century ago…
look-up when BYD was founded…
Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by mullingitover on Monday February 10, 2025 @08:13PM
(#43007720)
> The fact that it's worth more than all the other automakers combined.
The South Sea Company was also stupendously valuable until it wasn't.
Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by selcuka on Monday February 10, 2025 @07:40PM
(#43007381)
> The fact that it's worth more than all the other automakers combined.
"Tesla stock price is too high imo"
— Elon Musk (@elonmusk) May 1, 2020
Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by scarface_74 on Monday February 10, 2025 @07:03PM
(#43006987)
Well, Trump’s various meme coins also have a value…
But, using pricing fundamentals, can you really justify Tesla’s value anymore than OpenAIs?
The fact that it's worth more than all the other automakers combined.
> the other manufacturers are catching up
Re-read what you wrote, and consider how preposterous it is that automakers founded more than a century ago are now "catching up" to a company that sold its first car in 2008.