Now they've given away all their patents.
$25bn market cap, making hardly any cars, and now effectively no IPR. Explain that to me without using the word 'bubble'.
The market for EVs is currently constrained by the charging infrastructures. EM's view is that he gets more value from expanding the EV market by more entrants creating infrastructure demand than he does by keeping the IP. He's right more often than he's wrong.Oh no doubt, it's good for society, good for technology, good for consumers. I just can't see how it's good for shareholders whose interests are confined to the profits made by that one company. Who knows, maybe Musk doesn't care.
Well, buy in and report back in ten years, then we'll see what's happened to your money.
I have no doubt it's overvalued in a dotcom boom fashion. The only questions I have are is it possible to make money off it before it bursts, or before they're bought by a traditional manufacturer? The whole proposition is prime for the latter.