Rayne
VIP Member
It’s nothing new but it doesn’t mean it’s a positive thing or that we should all accept it. Imo it should not be allowed that the owner of a NASDAQ company can buy another NASDAQ company. Where will it stop, Will he want Facebook/WhatsApp/Instagram next? That’s another story but that shouldn’t have been allowed to happen either.tbf, the worlds richest man/men buying powerful media platforms is nothing new. You only gotta take a look at Jeff Bezos to see that.
For what it’s worth I’ve been waiting for the Tesla price crash to happen a long time, sadly hasn’t happened yet but I’m convinced it will at some point. I find the whole Elon/ Tesla following a bit cult like at times. A lot of people made a lot of money from Tesla shares so won’t have a bad word said against him.
People claim he’s interested in the environment but I honestly don’t buy it. He has a private jet FGS. He’s a businessman, he saw a niche that we would all be needing electric cars and went for it and invested into it. Problem is electric cars need huge amounts of minerals for the batteries and there’s ethical and environmental concerns around mining these too.
Also don’t forget some of his SpaceX rockets are powered using kerosine for rocket fuel, hardly environmentally friendly