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RE: Dear @stan, If You Want To Market Steem and BitShares, Follow What Elon Musk Does With Tesla: Here's An Idea For You

in #growth-ideas8 years ago (edited)

Thanks for posting!

"Elon Musk was smart not to invest tons of money into...Tesla"

Yeah, he just got the taxpayers to handle that for him at their expense. He'd never have gotten the capital in the free market.

Market cap per vehicle:
Tesla = $690,000
GM = $4900
Ford = $6800

Considering Tesla is barely profitable at all, is their value really 100x Ford's, based on per car sold? If you're a US citizen, you're once again having your profits privatized and the risk socialized.

http://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html

"Elon Musk's growing empire is fueled by $4.9 billion in government subsidies"

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If what you're saying is true, then Elon might be the biggest damn parasite in the whole world.