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  • AMWB [he/him]
    ·
    4 years ago

    I posted this comparison when tesla passed Berkshire Hathaway. It has gained ~150 billion since then.

    Tesla (now 6th largest company in the US) vs Berkshire Hathaway (Warren Buffet's holding company #7) Tesla market cap: 555 billion BH market cap: 543 billion Tesla annual revenue: 25 billion BH annual revenue: 330 billion

    So is Tesla worth more than a company making 13.5X more revenue every year? What if there's a competitor 2 years from now? What if government policy changes and Tesla can't sell it's green energy credits? Even if everything goes right how can it keep going up? It's nuts.

    • LeninWalksTheWorld [any]
      ·
      4 years ago

      Literally only like that because Elon Musk is a meme man and rich idiots think that means they should invest in it

    • vsaush [he/him]
      ·
      4 years ago

      Nikola is a market competitor and so far it's basically just Tesla small time investors getting mad that their Musky boy has direct competition in the same EV segment, lol.