Musk’s companies aren’t evaluated based on their ability to sell products/services, they’re valued on hype.
If he left any of his companies they would suffer drastic stock crashes which would likely kill the company.
Oddly enough Silicon Valley does a really good job of explaining how wonky the math gets.
“Normal” companies try to raise stock by making a product, these tech companies are basically exploiting glitch’s in the stock market. It’s why everyone else is losing.
In a normal car company, the CEO would be fired.
No, because nothing matters except stock price.
Musk’s companies aren’t evaluated based on their ability to sell products/services, they’re valued on hype.
If he left any of his companies they would suffer drastic stock crashes which would likely kill the company.
Oddly enough Silicon Valley does a really good job of explaining how wonky the math gets.
“Normal” companies try to raise stock by making a product, these tech companies are basically exploiting glitch’s in the stock market. It’s why everyone else is losing.