Tesla is worth more than all its rivals combined.
How is that even possible? 👇
This image went viral a few weeks ago.
It looked like pure madness, screaming "bubble" from every angle.
But here’s my take:
It makes total sense.
Tesla isn’t a car company.
It’s the (only) public vehicle to invest in Elon Musk’s ventures.
SpaceX, Neuralink, X etc are all private enterprises, for now.
So if you believe in Musk and want to bet on his success, Tesla is the way in.
Elon has always leveraged synergies across his companies.
Lessons and tech from Tesla feed into SpaceX and viceversa.
Plus, his huge personal brand benefits all his companies, moving an unparalleled marketing force.
This makes investing in Tesla an excellent proxy for SpaceX or other of his businesses.
So no, Tesla isn’t an automaker.
It’s Elon's stock!
and he's just getting started! 🚀