Tesla is worth more than all its rivals combined.

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How is that even possible? 👇

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This image went viral a few weeks ago.

It looked like pure madness, screaming "bubble" from every angle.

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But here’s my take:

It makes total sense.

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Tesla isn’t a car company.

It’s the (only) public vehicle to invest in Elon Musk’s ventures.

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SpaceX, Neuralink, X etc are all private enterprises, for now.

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So if you believe in Musk and want to bet on his success, Tesla is the way in.

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Elon has always leveraged synergies across his companies.

Lessons and tech from Tesla feed into SpaceX and viceversa.

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Plus, his huge personal brand benefits all his companies, moving an unparalleled marketing force.

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This makes investing in Tesla an excellent proxy for SpaceX or other of his businesses.

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So no, Tesla isn’t an automaker.

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It’s Elon's stock!

and he's just getting started! 🚀