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When General Motors ruled the automotive world they were the main game in the world. ...
The highest tech concern was IBM, at $3.2B and $431M in revenues/sales.
That's a fascinating list! The top-100 were dominated by heavy industry, resource-extraction, defense and consumer products. The "tech" companies, such as they were, were mostly making machines... computer hardware, guidance and control systems, industrial machines. None of the top-100 were what we might call "software companies", and very few sold technology directly to consumers.
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Originally Posted by Lowexpectations
...It certainly may have cost me money over the years but I just have a hard time supporting a company where the leader consciously makes bonehead moves.
Indeed. In business, in politics, in just about anything... even if the leader does good work, or at least has a team that's doing good work, but the leader makes obstreperous, inflammatory and silly comments... well, that's no leader that I could support, and no company in which I care to invest.
Ultimately leadership is about SAYING the right thing. The "doing is done by others, further down the org-chart. Leaders are responsible for conveying a message. If that message is foolish, the whole enterprise is foolish.
The only reason Tesla can trade is because half think the stock is going down and half thinks it is going up from here. The only question is what the bids and asks are at any given point in time
I definitely think SpaceX has more room to grow than Tesla does (without robotaxis). I would love to throw in a few hundred k through Forge or whatnot, but half of my gainz are in IRAs and hard to use those for private equity, and the taxable ones I probably need most of to buy a house in the Bay Area. Even 2k TSLA shares will give you a shack on the Peninsula
I definitely think SpaceX has more room to grow than Tesla does (without robotaxis). I would love to throw in a few hundred k through Forge or whatnot, but half of my gainz are in IRAs and hard to use those for private equity, and the taxable ones I probably need most of to buy a house in the Bay Area. Even 2k TSLA shares will give you a shack on the Peninsula
If you're serious about investing in SpaceX, I'd definitely register your interest on those platforms. I think it's been around 5 years or so since I've been on them, and I've only had two opportunities to buy in. Of course I jumped on it... since SpaceX equity is in demand I'd never know when a small-time investor like me would get another chance.
I still don't get how people think they are going to save the planet, by buying an electric car, when most of electricity is still generated by coal and natural gas. And then there are the lithium batteries and their poisons to be dealt with "down the road". People are either being fooled, or are buying a Tesla for other reasons. But hey, I could have bought this at $700 and held on and made money, and didn't, so maybe I'm wrong.
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