We’ve got 6 companies with a trillion dollar market cap, and one of them is a relatively small car company.

  • activated [he/him]
    ·
    3 years ago

    This is a cold take but it's just a MLM scheme / pyramid scheme for techbros

    • Nama [he/him]
      ·
      3 years ago

      And it´s so fucking big, that it will not be allowed to fail. I´ll laugh my ass off if Tesla saves the world, not with its electric cars, but by crashing the entire world economy.

      • activated [he/him]
        ·
        3 years ago

        Imagining a Borges story about a company that produced almost nothing but so many people invested in it that held the economy hostage and so it eventually took the place of "the economy" insofar as people put their money in and out of it to reflect the vicissitudes of the market. And then eventually it took control of the world, and people continued to buy and share its stock. Your role in democracy was just a straightforward shareholder's vote, etc.

        • Nama [he/him]
          ·
          3 years ago

          ...is it fair to compre Tesla stock to a crypto currency?

          • activated [he/him]
            ·
            3 years ago

            Absolutely, especially when BTC rises and falls with TSLA because of Tesla accepting it or buying bitcoins and whatnot

            • Nama [he/him]
              ·
              3 years ago

              Amazing. We truly live in the dumbest timeline.

              • activated [he/him]
                ·
                3 years ago

                I could kill bitcoin forever.

                All I would have to do is invest heavily into it and it would crash forever.

                I am not ready to make this sacrifice.